We just saw it for the second time today, had to take Dad. I caught a few more of the inside jokes this time. No, it wasn't guffaw-inducing like Shrek I, but it was enjoyable. One reviewer said we would miss a lot of dialog because of laughing, didn't happen in our full theatre.
Exciting preview of Harry Potter III today, though. And as we were leaving, they were letting people into a sneak preview of HP! Odd because there was a security guard at the door of that one, wanding people.
One maybe scary part in Shrek II, if your kids are very young. Shrek and Fiona are fighting, and Shrek says "I AM an ogre!", and roars. The roar made a little kid at our showing cry! There were a lot of kids around us today 2 and under, and they were very bored.
I do love Antonio Banderas, and he doesn't disappoint.