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I would say RZ is a visionary director, but wouldn't even come close to including the word "great" in there. His movies are shot with his own style, which is nearly identical to typical hard rock music videos which include quick cuts, jittery camera work and ridiculous angles.
House of 1,000 Corpses is terrible, The Devil's Rejects is decent, and the Halloween's are 100% grade "A" shit.
If Bay does Halloween, we would have the original classic, the RZ white trash version, and Bay's Hollywood yuppie version with explosions, another scene taken directly from The Island to save some cost and slo-mo helicopter work.