It has been reported that Neville Page, who created the Cloverfield monster, is also working on Super 8. The artwork, however, does not bear his name, although it does resemble his style.
There hasn’t been much coming out of Paramount or Bad Robot (J.J. Abrams’ production company) about the flick, but some YouTube videos, like the one below, where shot while Abrams was filming on location in Weirton, West Virginia. If you look at the soldiers, they appear to be firing up, which indicates the monster is huge.
We will report additional details on Super 8 as we get them!