Just watched Reloaded last night. Pretty sure that's the first time I ever saw it - as I recall it not getting positive reviews at all when it was released. Plus, in 2003, my kids were only 3 years old, so there wasn't a lot of disposable time available.
Anyway, wasn't as bad as I feared (I kept expectations low). Most of the fight sequences went on a little too long - we get it ... Neo can hold his own against a couple dozen Smith's. And the 'celebration' sequence after Morpheus' speech was mostly unnecessary - very Wachowskian, that's for sure.