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Shockwave being leader of the Decepticons question I will not mind for him being the leader, but I guess he will have competition against Starscream on whoever will lead the Decepticons on the new film.

Well I disagree with "no part of his spark is left" because in the movie there was no mention that they even have a spark! The only speak of spark was in the Allspark. Even when they said Jazz is dead they didn't say his spark was extinguished. They said he's damaged beyond repair. So I'm assuming given the ability of the Allspark to give Frenzy his body back, it would be unlikely that it would destroy Megatron. I would be more inclined to believe that it short circuited him but not killed him and as his auto repair system kicks in and the energy from the Allspark lowers some it will regenerate the hole in his chest. Besides when have you seen Megatron die so easily?

If the Allspark is the source of all Transformer life, then Megs was taken down with an overflow of that energy. With literally too much life. I personally feel that didn't destroy him, as knocked him out- such as a human's mind tends to shut down when faced with more than it can handle. Think of it as a coma.

The Allspark didn't destroy Megs, as much as the power melted his core with energy. I have my feelings that such energy was not destroyed, but takes time to manifest. Deep in the abyss, the cold and pressure could be used as an explanation as to why if Megs comes back, he would be stronger, more durable, and worthy of a new moniker: Galvatron.

Concerning the destroyed arm and leg, if you notice, at the end of the battle, such limbs were attached. There is no explanation as to what happened there, but such is the magic of movies. Not everything has to be spelled out. Other notes I disagree with are the attitude of Scoponok, the size change issues, and the 86 movie reference.

Scorponok did not find his robot mode useless, he merely preferred the insectoid mode. According to all information, he is barely sentient- or actually barely what other TFs call alive. his programming/mind is so basic, that there is little more than the desire to hunt and kill.

Size change issues were never going to be part of this movie(s). Michael Bay made it abundantly clear that he did not wish to address such issues. I seriously doubt that he would go back on those plans for future movies.

Did you even watch the same movie as I did from 1986?! You call that easy? It was nothing less than a brawl, a streetfight between Prime and Megs. In the end, Megs might have lived with proper repair. Instead, he was abandoned into the vastness of space (and not for the first time) where Unicron found him. In light of future discoveries by fandom . . . it is also possible that he would have gone into stasis lock, and stayed that way until saved.

well its setled i cant wait until the 2nd move comes out >@

Yep hence I said the 'last psp level', I think Galvatron will come back but after another leader (starscream most likely)

On May 30, 2007, DreamWorks greenlit two sequels to Transformers. Shia LaBeouf, Megan Fox and Peter Cullenare signed on to return. Producer Tom DeSanto has envisioned a storyline introducing the Dinobots, Constructicons, and Soundwave. Writers Roberto Orci and Alex Kurtzman may not return, as "the next Star Trek is taking up most of their time." Michael Bay has not signed on, "trying to keep some leverage for the negotiations," but already has ideas, including an aircraft carrier character. The producers expect that with a bigger budget and the special effects worked out, the Transformers will have a larger role. Mark Ryan stated in an interview that he had recorded some material for the DVD release of the film that "[has] to do with the Prequel that will set up the second film."
this is all form Wikipedia and there is more! and yes scorpinx brings back megatron.