After seeing the second Matrix in the theater and hating it, I had absolutely no desire to see the third one, but Tiff made me watch it tonight.
It was better than Reloaded, but not by much. I will say that the battle scenes (excluding any stupid hand-to-hand combat) were much better than those in the new Star Wars movies.
But the dialog and attempted philosophy were painful. I wish they had just stuck with the first Matrix. It stood on its own.