Decent sequel with a couple of problems.

Rating: 8/10 (20 October 2007)

Is this movie good ? Yes.
Is this movie as good, but not better then it's predecessor ? Yes.
Does it have good Action sequences ? Yes.
Can it drag and not accomplish as much as it could ? Yes.
Does it have a cool ending ? No.
This sequel is as good, but not better then the original classic before it and for what small problems it contains, it ends up losing a couple of points.
The film doesn't really have a real huge storyline like the first one due to everyone already knowing the main premise and all. The Wachowski Brothers just want to compete with the summer movie market of blockbusters by rushing through all the philosophical discussions and simply just wanting to show constant struggles and please the "adrenaline junkies" who can't have enough peril in their lives.
There are some cool new characters that even steal the show ( The Twins are cool bad guys that should have returned in the third one because they're so awesome ! ); there are troublesome bad guys like The Merovigian, who you just want to die because he's so cunning and slick as a whistle, as well as the return of Agent Smith.
There are other characters who appear, but you don't get to know that much about them like Niobe and Ghost ( played respectively by Jada Pinkett Smith & Anthony Wong), but you get to know more about them if you play the video game spin-off "Enter The Matrix," but thats a shame because not everyone here plays video games ( I do personally, but still ).
Either way if you want a cool, slick flick that doesn't require too much thinking, but yet can still make you ponder & stay interested, then by all means watch this.