Cloverfield Trailer Goes Live

The official website for the hotly anticipated J.J. Abrams-produced monster movie Cloverfield went online today. So far it consists solely of a pretty impressive trailer, which you can check out here.
The picture, which hits on January 18, centers on an attack upon New York City by a gigantic beast (rumored to be a squidlike creature of some kind).
Gotta say, I just have a sense that, as impressive as this trailer may be, this one has the potential to be a colossal stinker. The last time Abrams gave us a giant monster, it was part of his TV show Lost, which began life as a ratings juggernaut, and has since been shedding viewers steadily due mainly to an almost pathological refusal to divulge any details as to exactly what the heck is going on. The creative minds behind the film are also strictly small-screen people: writer Drew Goddard was Abrams' collaborator on both Lost and Alias, while director Matt Reeves hasn't helmed a cinematic project since 1996's forgettable comedy The Pallbearer, finding work instead as a head writer for Felicity.
Not to mention the fact that I seem to vaguely recall the Japanese making a movie or two like this one a few years back...