Well, my point then is that the original Matrix was conceived of as a whole - from the very first moment they're working towards an ending, and every piece of that movie supports the last scene so that at the end it's very satisfying.

In Reloaded/Revolutions, each scene does not lead inexorably towards the end. The Merovingian is an obstacle, but we don't know towards what end. There is no hint really, as there was in the first movie, that Smith and Neo are opposite ends of the same equation.

So in the first movie, Neo must learn what the Matrix is in order to become The One. In the second two, we learn that being The One isn't all that special, and the problem is a rogue program - Smith. The problem is, we're never told how much of a treat Smith is to The Matrix. We're never told that Neo and The Matrix must work together (the point of the movies) rather than against each other until the very end, or if we are told, it's done in a rather expositiony way, and never when dealing with The Matrix, only in conversation with random people along the way.

So the plotting was bad, and because of it, the overall effect is less satisfying, and the piont they were making is lost.

Regards,
Mark