Don't you mean Pat Lee?
I actually enjoy this series. I think it pales in comparison to the work of Furman and the Wild Man back in the day, but it's a pretty cool alternate universe. I like to think of it as Ultimate Transformers.
The basic story so far: in the godawful volume one, the Transformers were revived after being scattered and deactivated in the explosion of the Ark II. Sparkplug died with them, Buster is insane, Daniel has been born though Carly doesn't appear to be in the picture anymore (assuming she is Daniel's mommy), and "writer" (I use that term very loosely) Saracini condemned himself to burn in hell for all eternity by turning Grimlock into a traitor. That's all you need to know. Don't bother with that volume.
Volume 2, we learn that Shockwave has somehow united most of the Bots and Cons, but there are holdouts. Prime and a few buddies have escaped and teamed up with a group of rebels (including Hot Rod! yay!!). Shockwave wants the Matrix for some reason, Ultra Magnus is questioning the peace, the Dinobots have shown up and started kicking ass, a sentinel robot (the blue Omega Supreme) has been released to stop the Dinobots, Menasor killed the Omnibots*. Oh, and Starscream dumped a fatally wounded Megatron from a starship despite his cries of "I still function" and we know from previews that one Transformer will undergo the "ultimate transformation" in issue #6. I wonder where in the world that particular subplot could be headed?
"What did he say his name was?"
*--It sucks ass to be an Omnibot. You're a really damn cool toy, but only available as a mail-in offer so most kids don't have you. On top of that, Marvel and Sunbow never acknowledge your existence, and Dreamwave finally does after almost twenty years, but you're already dead in the first panel you show up in. A moment of silence for the late, great Camshaft, Downshift, and Overdrive. In our hearts, your luster will never dull and your wires never cross.