It's a movie about living machines who fight a civil war over Earth's energy. Why do you need to cram in robot testicles, robot piss, and robot male strippers?
Yes, Transformers was for kids but is also science fiction. These machines are alive which questions what qualifies as life. Their neverending war over Earth's energy is similar to middle east conflict. The fact that the decepticons ancestors were military class and the autobot's were a worker class resembles the conflicting interest of the military industrial complex and the working class.
You'll never see decepticons raiding oil rigs and power plants in Bayformers even though they did it all the time in the cartoon. Bay would rather show farting and humping Transformers. Why is that? It's because of Bay's knee jerk neo-con politics and his contempt for the source material.
Hopefully the reboot will try to elevate the source material instead of dumb it down out of resentment.