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Originally Posted by atomic tofu

YouTube - J.J. Abrams on Cloverfield

seems this guy is a phallic head...nothing but tired blatant copying with new age digital tracking and effects.

Also don't click this if you don't want to know what it might possibly look like, but is this it?
The Cloverfield Monster … Revealed! | BeyondHollywood.com | Asian, Foreign, Horror, and Genre Movie Reviews and News


mutant crab whale?

That's one of the rumors anyway. I think the other one is some 3 legged monster where the 3rd leg acts almost like a tail but with a hand on it. Either way, neither look "scary".