From Ain't It Cool (http://www.aintitcool.com/node/45923?_r=true):
(http://www.aintitcool.com/images2009/gnew.jpg)
Kind of looks in line with the Millenium Godzilla films. It's certainly better than GINO and gives me a tiny bit of hope that it may not turn out to be awful.
As long as they're sticking to something like the original design. No more Iguanazilla, please.