Threadless have posted an awesome new Decepticon T-shirt,

Posting on the Don Murphy forums, Roberto Orci has confirmed that neither he nor Alex Kurtzman will be returning for the third episode in the Transformers trilogy. Ehren Kruger (The Ring, Scream 3, Transformers Revenge of the Fallen) is taking over from the pair.

So Bob and Alex is it true. you wont be involved this time round.
It’s true.

Sorry to hear that Roberto, really I am. Are we in good hands with Mr. Kruger? Does he know his Transformers?
He does. He really did his homework. He’s awesome.

Speculated as early as December 2008, and more solidly in March this year, we heard a June/July 2011 release date for Transformers 3 was on the cards. However, Michael Bay rebutted these remarks, suggesting he wanted a year off from mechanical beasts to work on something a little different.

However, Bay has now confirmed via his blog that Transformers 3 will hit theaters in July 2011. He also left a message for Megan Fox,

Well its official: We have a great Transformers 3 story. The release date is now July 1st 2011. Not 2012.

Today is Day One. This morning started with an ILM meeting for five hours in San Francisco. Currently I’m flying with writer Ehren Kruger to Rhode Island to talk to Hasbro about new characters.

P.S. Megan Fox, welcome back. I promise no alien robots will harm you in any way during the production of this motion picture. Please consult your Physician when working under my direction because some side effects can occur, such as mild dizziness, intense nausea, suicidal tendencies, depression, minor chest hair growth, random internal hemorrhaging and inability to sleep. As some directors may be hazardous to your health, please consult your Doctor to determine if this is right for you.

Pain and Gain is right after shooting of Trans 3.