Just saw it.

Got a little bit bored in the beginning. Zion looks like a big prison (symbolic, I know) -- very depressing but sci-fi cool at the same time. The movie picks up a lot with the Merovingian (sp?) scene and afterwards with the freeway. Very sweet.

The Agent Smith subplot I found unsatisfying, and the ending doesn't really "end" but leads into the third of the trilogy. At least the first movie could be enjoyed on its own -- this one leaves too many questions hanging in the air.

There were a lot of great scenes. A lot of them. Unfortunately while they worked on their own, they didn't always seem like they were part of a greater whole. Some of the scenes weren't so great (such as the Zion "church-meeting" and Janet Reno's Dance-Party afterwards [yuh huh] ) -- I mean, they were visually exciting and all, but they seemed very gratuitous.

All-in-all, The Time Trust gives the movie a reluctant thumbs up, but deducts marks for lack of cohesion.