Plans in Motion for Transformers 3?

The debate seems to continue as to whether Paramount will push for Transformers 3 to be released on July 1st, 2011 or if they will concede to director Michael Bay's preference of a break and push it back to June 2012. Associated Content revisits the debate and seems to indicate that while Paramount would prefer 2011 the decision on Michael Bay returning for TF3 will ultimately decide things. Thanks to Hanna for the link.

Though it is debatable whether a new Transformers movie could be made by 2011, but is looking to be a certainty is two of the main players coming back for a third installment. Director Michael Bay has stated that he wants to come back to the third chapter after a small break from "fighting robots", and star Shia LaBeouf has also stated that he would come back at least one more time. It's a smart decision, as this is a franchise that could continue to make both parties very wealthy over the long term.