Here are some of the possibilities for what the monster might be:
Sony owns the movie rights to Godzilla, not Paramount, and according to Wikipedia: Toho has decided to retire the franchise for a period of 5-10 years, possibly returning with a new film in 2013 or 2014.
Check out this sound comparison of the Cloverfield monster, Godzilla, and a T-Rex (@ 2:20):
There is a line in the trailer "It's alive" that some people think is "It's a Lion". Voltron is a giant mecha robot, composed of 5 robot lions. Voltron was a "defender of the universe", so why would he be attacking New York? Also, according to IMDB, a Voltron movie is already being made by someone else.
Pronounced KUH-THOO-LOO (I know I said it wrong on the podcast)
A fictional monster created by horror author H. P. Lovecraft.It is often cited for the extreme descriptions given of its appearance, size, and the abject terror that it invokes. Cthulhu first appeared in the short story "The Call of Cthulhu". Also, inspired the song The Call Of Ktulu by Metallica.
Giant, flying, fire-breathing turtle from Japan.
From Greek mythology, another flying, fire-breathing creature, with 3 heads - lion, goat, and dragon.
From the Bible, a giant fire breathing sea creature.
THE SMOKE MONSTER
He already destroyed Tiny Town, why not New York next?
* If you vote "Other", leave a message in the Monster post as to what you think it is