Does Transformers 2 really suck?

For those who have seen Transformers 2, can anyone tell me if it is like the first one as far as fondling the testes of the U.S. Army? I walked out of that and felt like I'd just sat through a 2 hour advertisement for the American Military. Also, I think some of the disappointed people (rottentomatoes.com has it at about 38%) aren't necessarily expecting a character drama so much as a cohesive, semi-sensical plot. Well, i should say as sensical a plot as you can have while including hundred foot robots. For those who argue that a movie like this doesn't need a plot to be decent, all we need to do is look at other michael bay films.

Exhibit A: The Rock- Definitely Bay's best film, we have lambourghinis racing hummers through San Francisco, Sean Connery being a badass, crazy nerve gas, missiles, football stadiums, national secrets, and an incredibly drawn out runtime. But the plot is cohesive and compelling.

Exhibit B: Bad Boys II- This one had hummers driving through cuban shanty towns, Will Smith being badass, comical references to the KKK, Nelly singing 'shake a tail feather', an incredibly drawn out runtime, and no plot whatsoever. I challenge anyone-other than Moe, who will just start talking about how much he loves will smith- to watch that movie and tell me the script wasn't written by a doped up 13-year-old. My point is that Bay is the best in the business at making big, dumb and incredibly entertaining and quotable pieces of deliciousness, but he needs some sort of stick to wrap all that cotton candy around. Otherwise your hands get all sticky. I haven't seen this yet, but it'll be too bad if there's no cohesiveness.