‘The Amazing Spider-Man’ Trailer Leaks: Can It Make Up for ‘Spider-Man 3?’

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Andrew Garfield stars as Spider-Man in Columbia Pictures' "The Amazing Spider-Man." Getty Images.

UPDATE: Looks like Sony has released a legitimate version of the trailer. We’ve updated the video. Original text below.

We all know Spider-Man’s famous mantra: “With great power comes great responsibility.” But the powers that be at Sony Pictures might want to look into that when they try and uncover how the trailer for the next installment in the franchise leaked out.

That said, they may not be too dismayed because, frankly, if these two minutes are anything to go by, not only is The Amazing Spider-Man going to be the movie event of Summer 2012, but it will instantly banish the car crash that was 2007’s Spider-Man 3, a film so bad that NewsFeed still sometimes wakes up in the middle of the night in a cold sweat, screaming (unfortunately for her) to Mrs. NewsFeed, “Did Tobey Maguire really do that dance where he clicked his fingers?!?”

As you may know, both Maguire and director Sam Raimi have gone, replaced by new Spidey Andrew Garfield (last seen to great effect as Eduardo Saverin in The Social Network, a role for which he really should have received a Best Supporting Actor Oscar nomination) and helmed by Marc Webb, who did a mighty fine job with the adorable (500) Days of Summer.

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But enough of such back story, what about the trailer? Well, so long as you can look past the slightly shaky camerawork (what you have to expect with leaked footage) you’ll see Peter Parker’s transformation into the friendly neighborhood superhero as well as (quite possibly) a blossoming relationship with first love Gwen Stacy (Emma Stone, who has been awesome in everything she’s appeared in).

And then there’s the action sequences: not only first person in some respects but they will eventually be in 3-D. Webb clearly feels as skeptical as many others when it comes to the medium but has confessed that, “You’re going to see the world through his eyes. I thought, ‘If I’m going to shoot this movie in 3-D, I can’t chicken out. I’m just going to go balls to the wall.'”

We don’t know about you but “balls to the wall” seems like the perfect ethos required to make this movie work. July 3, 2012 is the release date and consider NewsFeed’s calender well and truly marked. (via BuzzFeed)

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Glen Levy is an Executive Producer at TIME. Find him on Twitter at @glenjl. You can also continue the discussion on TIME’s Facebook page and on Twitter at @TIME.