What do you think of the MUTO (or Hokmuto) so far?

Since we have been having so many hints about how the MUTOs, or Hokmutos, look like with the trailer, the toys and the SXSW descriptions, what do you think of the design so far?

At first, when I heard Godzilla's enemy was going to be insect-like, I didn't like the idea so much. I thought that for a first movie, Godzilla should fight a big, bulky monster that would be a real challenge for him. I thought that giant insects were the easy way to go for creating a monster. But as a secundary monster, an insect-like monster was good, since a second monster was still to be revealed.

Then we got more news and the design started looking better. It seemed more bizzare and abstract than it looked insect-like. Now I'm curious to see how it moves and attacks, and I actually like the design so far. The name also sounds cool!

What do you think about the design so far? What are your theories about them? Remember we are just speculating and that nothing is definitive until May 16 and that we still have to see the flying creature.

Feel free to comment!