From The Movie Snob:

Spider-Man 2  (B).  I'm not saying that Nick at Nite is guilty of grade inflation (see his review below), but I don't think this sequel was as awesome as everyone else seems to.  Sure it had its good points, primarily good action sequences and special effects, and a good villain in Alfred Molina's Dr. Octopus.  And Toby Maguire did a respectable job playing the conflicted everyman-as-superhero.  But it bogged down a few times in speechifying about how people need a hero, someone to believe in, blah blah blah.  There were a few things that defied belief, such as how Peter Parker and Harry what's-his-name could stay friends for the past two years even though Harry (1) believes Spiderman murdered his father, and (2) knows that Peter knows who Spiderman is.  Kirsten Dunst had one of the most thankless helpless-heroine roles in recent memory.  And is she really that attractive?  Or has Hollywood just convinced us that she is?  She seems kind of plain to me.  Anyway, I didn't feel like my money was wasted; I just wasn't blown away.  BTW, don't show up late; the opening credits sequence is really good, kind of recapping the first movie through storyboards.