Is the transformers movie good?
This is a question of opinion but I would say yes.
As Micheal Bay made the triology of his transformers movies, the 3rd movie was believed that it would be the last in the transformers movie series, but on youtube.com there is a trailer that may or not be a real to transformers 4. This trailer of transformers 4 was called Transformers 4: Awakening of Cybertron.
It is the 3rd Transformers movie (the first was an animated film released in 1986 entitled The Transformers: The Movie) however it is the second of the newly released "live action" Transformers films (which are titled Transformers (2007), Transformers: Revenge of the Fallen (2009) and Transformers: Dark of the Moon (2011)).