Well, in the 1st movie, people was 'wow-ed' by the plot along with the innovations (like bullet-time) in cinematography and the overall theme. All of us were left with an open-ended story... and almost all really liked it and people really looking forward to the 2nd movie to see what's coming up for Neo. When it came out with a diluted storyline and mis-'connections' from the 1st part, some are miffed by it and said that the "3rd part answers all the questions that we have", but IMO, it still gave the story a backseat.
Either way it did its job, it made people think about stuff and connect all of these 'theories' to the movie. Which is good for me!
Technically the 3rd movie is a step-up, production-wise.
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Any other with a gmail invite to spare?