2nd Weekend Grosses confirm how bad this is...

Rating: Null/10 (27 May 2003)

pretty much every negative review you find on IMDB stresses all of this movie's weaknesses: the poor story, the muddled editing, and lack of character development. and now the box office shows this: no matter how much the studio might whine about the fallout from an R-rating, one has to remember that a LOT of movies were financially successful during the heyday of R rated movies - the 1970's. back then there were no budgets for special effects - Star Wars changed that. so all of those successful R-rated movies had either great acting or great stories...
you cannot have three great action sequences, then try to spin a movie out of them.
so why the drop-off? Matrix: Reloaded is an insult to anyone who enjoyed the first movie, or likes movies that have linear storylines in general.
also, if i payed full price to see this piece of garbage, why was i not allowed to see the Zion ships defending themselves from the 'squiddies'? Star Trek: Insurrection suffered from the same problem, and the box office receipts showed exactly what the general populace thought of it...