Considering the design has a rather large lable on it saying "Megatron", I doubt it.

I still don't understand why people are <img src="/xxx.gif"><img src="/xxx.gif"><img src="/xxx.gif"><img src="/xxx.gif">ing themselves over this. From my understanding of Transformers, Megatron's popularity spawned from his persona rather than his appearance. As long as they nail that it will hardly matter that he looks awesome.