Several monsters are reported to be involved in the rampage scenes, and Godzilla will be facing off against some new Monsters, but I am not sure how closely this reboot will follow the TOHO originals. I hope Mothra makes it into the new film. Here is a picture from set Godzilla is set to be released May 2014.
Speaking of Godzilla I want to talk the underrated Godzilla The Series Cartoon that got kinda lost in the shuffle back in the late 90s on Fox Kids. I personally think that the toon was better than the 1998 film.
I personally like the opening of the show where Godzilla climbs and wraps itself around a tall building King Kong style. The show ran from 1998 to 2000. The series is currently streaming on Netflix.
Here is a clip to a episode of the Godzilla The Series Toon