Nope. I liked the first one but this was trying to outdo that movie resulting in to much over the top stuff. Also suffering from to much and to silly cgi.
Yesterday I had the privilege to see this movie in a small theatre accompanied by an "Scent DJ". So whenever there was a (key) scene in the movie that concerned a certain smell (and in this movie almost all the key scenes regard scents) the audience would also experience this. And that's simply awesome and totally works with this film! It really adds something to this film and it was an outstanding experience.