CHUD is reporting this morning that the upcoming sequel Transformers: Revenge of the Fallen will indeed bring back Megatron. And this time, he will be in the guise of the Transformers Generation 2 tank.
CHUD goes onto explain that Megatron is resurrected by the Autobots to help defeat new villain The Fallen (a character from the more recent Transformers comic books). To read the Amazing Mr. Faraci's entire piece about the matter, CLICK HERE
Transformers: Revenge of the Fallen is set to open June 26th, 2009.