I thought the movie had been scrapped recently.

The movie was never "scrapped". Originally they had announced a postponement of December 2013 until early 2014 (I believe May). A couple weeks later it was said that the decision was made in order to have it released on the aniversary of the Turtles' creation.

With the creator's enthusiasm for the project I am eager to see exactly what Bay has in store for us.

Well, that's one person who wants to see this movie!

 yeah @Ziphead, I've never seen someone say they were "eager to see what Bay has in store for us", at least not after the first Transformers.  It seems to me that Bay films are at best something to be tolerated, not anticipated.  

On a related side note, has anyone played through the new Spider-man game that's tied to the new movie?  They use what must be the same green ooze from TMNT to turn other animals into cross species hybrids.  That's how they create Scorpion, Rhino and Vulture.  They're animlas spliced with human DNA, not humans with origin stories.  You can bet that's how they're going to complete the new Spidey trilogy; by ruining the remaining famous spidey villains.  They are all created the same way as the turtles now.

Argh! Reek. I hope you are wrong.

That wouldn't fly with the Marvel Bullpen being consultants. :(

 Jessica Chastain is one of these actresses that makes me think, "Where the hell did she come from?"  She's suddenly a household name but she has been in almost nothing and is a terrible actress.  

This movie could work. The turtles need a makeover since they refuse to use the 80's cartoon turtles. Those are the only turtles I truely love. All the other attempts just don't interest me. And I've tried watching them all. I think if Bay makes this movie an edgy teen movie or young adult movie, I'll enjoy it. I'm all for this and can't wait for some set pics or character designs.

 go big on this i hope it turns out just fun and lots of TMNT fighting and has to be just right. not dark or to campy, just a cool action packed fam. oriented film. would love to se the crazy , turtles, back in action ALIENS or not...