There has been all kinds of buzz about this movie. The only thing we know for sure is that it's a monster movie and it's all used through hand held cameras, which gives the impression this is gonna be Vlogging: The Movie. A lot of people seem to think it's a remake of "Godzilla", the 1998 version, but from the point of view of normal average people. I have to admit the trailer makes it look like that, but I have my doubts.
Anyway, there are two versions of this trailer. The second one shows more stuff but it's very hard to track down on Youtube. So for now, this is all you get: