Thank to YouTube User Kevin Liu we have our first look at the newest Masterpiece Movie release: MPM-07 Movie Bumblebee (Beetle).

This new Masterpiece is based on the Bumblebee design for his upcoming solo movie which will premiere this December. We have a look at the packaging, accessories (battle mask, canon and sword) and comparison shots with Masterpiece Movie MPM-03 Bumblebee (Camaro) and the Studio Series representation of the same character. This new mold features a very clever transformation which seems to share some ideas from Studio Series Movie Bumblebee. The VW Beetle mode is not just plain yellow but with a very nice finishing.

You can check out the video after the jump and then share your impressions on the 2005 Boards.

Update: Original video was taken down, but we have got a mirror and some screencaps for you.