The movie starts with Bella and the sparkling vampire guy getting married. They then proceed to travel to an Island near Rio de Janeiro, where they have a very romantic fifteen minutes of a honeymoon, which ends abruptly as Bella finds out that she's been knocked up by the guy, and is now pregnant with a monster of a baby, that's growing at an insane rate, and in the process is sucking up all of her blood.
By that point we're already pretty cosy on the couch, and I'm throwing jokes about various ways Bella could have died in pretty much every scene of the movie. A tidal wave could have hit the island, she could have tripped on the way down the stairs, I even speculated about the beautiful morning light in one scene suddenly erupting in luminescence as a nuclear blast scrapes the piece of rock clean off the face of the Earth. Then after politely being told off, we resumed watching, in a somewhat more quiet state of bewilderment and disgust.
Mr Sparkling Vampire, proceeds to freak out and ditch the scene as Bella is told she's got a flight arranged for her to return home, to see if something can be done. From then on the movie is a wild speculation on weather she'll die by means of vampire demon baby (which I have to admit would surpass all my wildest speculations on various ways she could have met her end) some of the werewolves, the Jacob guy in particular teams up with the vampires against the other werewolves who're suddenly hellbent on killing her. A somewhat less of an epic battle occurs between vampires and werewolves in the night of her delivery and in the breaking dawn of the day, after the baby is born healthy, Bella wakes up from what appears to be a dormant state between death and vampire-ism, her broken shell of a body is restored by the vampiric forces, her chest puffs up from a negative B to a healthy D, and she acquires magic make-up in one of the most awe-inspiringly stupid sequences in the history of CG. Also her eyes turn blood red.
So yeah... we're rightfully expecting the next part of the movie to be about Bella kicking ass as a newly established vampire. It's also going to be interesting to see weather the vampire version of Formula involves blood pudding on some level or another.