...well they didn't actually say his name, but its pretty obvious! (I think)
Guillermo del Toro spoke to Empire magazine recently and revealed that both him and Peter Jackson have mutually agreed on their choice for who should step into the shoes of Ian Holm and lead the film as Bilbo Baggins.
“I can tell you that it’s down to a few names that we all agree upon. And that our first choice…completely, magically, we said the same name. All of us!”
“We said this is the guy we would… 
Funny actor man Rainn Wilson from Juno and The Office revealed that he will be playing:
“A professor that turns into a car that turns into a robot,”
See, I told you he was funny.
This casting along with the fact that they wanted to bring on Jonah Hill (Superbad), shows that Michael Bay and friends want to turn Transformers 2 into a comedy, surrounded by battling robots. Personally, I'd rather have Transformers 2 go down the more serious route, but comic relief now and again shouldn't be too bad… 
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