Game Informer this month has an article all about the new Transformers: War For Cybertron game coming from Activision and developed by High Moon Studios for next year! Allsparker Daith has all the details! It's not tied to any continuity we know of, but ties into a G1/War Within type storyline. It's a PS3/X-Box 360/PC game featuring a 'Gears of War' Third person over-the-shoulder shooter playstyle, with Autobot and Decepticon campaigns, some sort of online mode, and AI teammates to help you along! The design style can best be described as 'Movie mixed with G1'. 

Daith has a thorough writeup, as well as scans of some of the new models on our boards! As more news about this video game comes out, we'll post it!