I've seen it twice so far. I'll say it's not a great movie, just a good movie, but it really does seem like a part 2 of 3. I'm trying to reserve judgement until November. However, the fight scenes were great. I like Link, the new operator, who seems to have an "audience" reaction to certain parts. The philosophisizing was kind of boring but interesting at the same time, as it brought up a bunch of questions. (which I shant post here right now

) The "orgy" scene wasn't really needed (an orgy of dancing mixed in with scenes of an intimate Neo and Trinity). It hasn't turned me off, but didn't really rev me up, either. I think the trailer after the credits did that.
My advice? Go see it at least once. That way you're ready when the finale comes out.