I like it. Sure, he's out of scale for Bumblebee, but he's not really
that big next to WFC Prime, in my opinion. I agree that the transformation is a little annoying. It drove me nuts when I first got him, but now that I'm used to it, it doesn't bother me nearly as much.
Everything on mine fits together well with a bit of work, with the exception of the front wheel parts. They stay in place in alt mode, but they just don't tab in quite as tightly as they should. And don't let Catalyst Prime's comment about Universe Ironhide scare you, because he's right that the color scheme hides it well.
Also, mine doesn't have the thigh joint problem that Evil_the_Nub's has. Instead, mine has a nearly stripped-out ball joint on the right shoulder. From the three of us who have replied so far, it seems we each have a unique problem with our figure. So maybe you will get one that's fine all around.
I
love the alt mode. I liked it from seeing the early pictures, but I liked it even more than I expected when I finally got him. It's a pretty compact little car. And it's probably the closest we'll get to a VW New Beetle from Hasbro. An added bonus for me is that the alt mode reminds me ever so slightly of Bumblebee's Cybertron mode from his first appearance in the G1 cartoon.
So yeah, it's a little different for a Bumblebee toy, but it's a great toy overall. If you're drawn to it in the slightest, and especially if you skipped Classics BB, I say give it a shot.
And for anyone who hasn't tried it yet, Classics BB can hold his gun!