The Last Airbender Teaser Trailer

The official teaser trailer for M Night Shyamalan's The Last Airbender is now online. On display are M Night's signature extended seamless single takes (which I've always loved), ILM's amazing air-bending effects and a logo that looks very similar to the Harry Potter series. Overall, it does a great job at teasing the big picture. I'm suddenly excited to see if this is the film that all the Avatar fans believe it can be. Paramount believes they have the first part of a trilogy. But who knows? Don't call it a comeback just yet, but I think M Night will have the interest of his harshest critics after this teaser debuts in front of Transformers: Revenge of the Fallen. Thanks to /Film reader Thurston for the tip. Watch the trailer now after the jump. As always, leave your thoughts in the comments below.

Based on the hugely successful Nickelodeon animated TV series, the live-action feature film is set in a world where human civilization is divided into four nations: Water, Earth, Air and Fire.

The Fire Nation is waging a ruthless, oppressive war against the other three nations. The film's hero, the reluctant young Aang (Noah Ringer), is the "Last Airbender" — the Avatar who, according to prophecy, has the ability to manipulate all of the elements and bring all the nations together.

Aided by a protective teenage Waterbender named Katara (Nicola Peltz) and her bull-headed brother Sokka, Aang proceeds on a perilous journey to restore balance to their war-torn world. Dev Patel plays the Fire Nation's evil prince Zuko. Exiled from the Fire Nation by his father, Zuko is sent to capture the Avatar in order to restore his honor and right to the throne.

The Last Airbender is being targeted for a July 2nd 2010 release.Note: Some of the comments below are a reflection from the 45-second Entertainment Tonight first look preview.