Megan is still on board for Transformers 3 even if she badmouthed Michael Bay not long ago. She was spotted on the movie set of Transformers 3:

Transformers 3 Movie Photos

(Click on a picture to enlarge it.)

We don’t know the plot of Transformers 3 yet but Director Michael Bay said that this new Transformers movie will show more of Bumblebee and that it will develop the robot characters generally. Could we see more of Megan Fox too? Please!

Michael Bay also revealed that there will be a Ferrari Transformers.

The movie Transformers 3 is scheduled for a release on July 1, 2011.
:)