Very cool! A flaming Megatron, what a neat idea. Although I've never bought repaints (unless it's a different character, ie seekers) I always like to see what they come up with.
I also think they're going to do a 2-pack with Megatron & Jazz and Optimus & Bonecrusher. And they will call the packs "The leader and the member of the other faction who they slaughtered action pack"