The default in a post Nolan-Batman world, however, is definitely to try and play down the outlandish aspects to the point where it *appears* seamless with "reality".
See, I was hoping that in a post Avengers world that filmmakers wouldn't be so scared to embrace the source material and all it's "silliness".
I'm not going to write this movie off completely. As Katzman said, we don't know any of the story details yet and even assault rifle toting Foot ninjas could potentially be implemented in a satisfactory way.
That said though, I'm not expecting much from this movie. If it turns out to be good, it'll be a nice surprise. If not.... well, at least the cartoon and comic are still good. It's just a little disturbing at how desperately the film industry seems to be trying to run away from anything that could be viewed as "childish fun".