Thought the first movie was decent and this was decent as well. I like the variety of humor that Lord & Miller bring to the table, from Benny Hill references to sight gags to frat humor to self-referential jokes, but too often they let a joke run a bit too long. Like the meta-stuff about sequels was funny at first, but then they just kept bringing it up as well up until they point they were even plastering it all over the end credits (although I did like how they did that), and scenes like Jonah Hill fighting the chubby chick and her talking about if they're gonna kiss or not just outstayed their welcome.
Still, the movie basically rides on the chemistry of Hill and Tatum and those two are simply gold together.