Was this a perfect movie?
No.
Was this a decent sequel that brings us back to the world of the Matrix?
Yes
I won't spoil the movie, but I will tell you the visuals are gorgeous. The script, though not perfect, was more than passable. The story made sense, keeping in tradition of the Matrix being a story of soul mates... showing strength in unity.
Plenty of one liners to laugh off, plenty of nostalgia as well.
New fans and old will enjoy this at least once.
Rewatchable? You decide
*afterthought*
There are also some serious jabs at today's social outlook.... people prefering the status quo over free thought...