I HATED the first Cloverfield when I was it at the theater. I couldn't believe how little we saw the monster...if you take every scene it's in...I don't think it'd even add up to 10 minutes...that's an hour and a half movie...where the main attraction is only in the damn thing for 10 minutes. Most of the movie seemed like it was the characters going up stairs...or walking down streets....or going across roofs....and those scenes just seemed to go on and on and on...
BUT...
I have grown to love it over time. I actually put it in my dvd quite a bit. The monster sucks...has no personality at ALL...they kind of blew it on the design, but again, I appreciate it more now. It's a fun LITTLE movie.
As for a part II...I mean...the possibilities are endless. I wouldn't mind more handheld action...it's still ripe for potential...but they could do a big budget mega monster fest and I'd be cool with that too.
I think that poster has been around for a while now...I stand by my opinion that there is no Cloverfield 2 on the way...
I hope I'm wrong!!!

I do love this stuff though, she says "SEE" just as the thing falls into the building and the last video hit 2 weeks ago and she says, "See you in two weeks..." so either another video will hit then...or in two weeks I'll be eating my words...