You know what? Bugger ya'll.
I had my reservations about AHM when it was first announced, and yeah, the first issue had me a bit worried, but honestly, it's not bad. I LIKE the little nuances of character that we're getting. While I enjoy Simon, he often gets so "into" telling a story that you have to reread it to figure out what's going on, or tries to fit so many characters into a story, that you need to get out your profile book to figure out who's who. Take, for example, his take on Beast Wars, that had the Japanese and English versions of the same character in the same universe.
(And before I have any detractors say that I'm just too sTuPid to follow Furman, I teach college English.)
All Hail Megatron has simplified things, yes, but I say that's not a bad thing. We're actually able to enjoy these characters. Starscream, for example, comes off as actually being intelligent enough to be Megatron's second in command, questioning his leader's direction. Cliffjumper feels like the trigger happy 'bot we've always wanted him to be. You have ornery old 'bots like Ironhide actually ACTING like ornery old guys, by taking matters into his own hands and beating the crap out of Mirage. And AHM gave a new edge to Bombshell, making him really feel "creepy."
Additionally, it does try to answer the question: what "would" the Decepticons do if they were to win. Would they just be thug like tyrants, would there be an attempt at set up some sort of government... what is Megatron's ultimate agenda? And what do you do with a huge group of very destructive soldiers after there's no one around to fight to keep them from fighting amongst themselves?
Just because it goes in a different direction does not mean that it is bad. Just because it is not Simon Furman writing it also does not mean that the writing is bad. Furman is writing Maximum Dinobots now, and will be writing more stories in the future. It's okay. He's not going anywhere.
Enjoy the story for what it is, not for what it isn't.
/Rant off.