Yes, I order the Trilogy in preference as 1-3-2, with 1 definitely a notch above the other 2. The last two each had parts that either bothered me or were sappy due to content and/or length. Worth seeing them all if you liked the first.
I don't know much about the history of the Matrix, and whether they originally intended to make two subsequent movies to the original. I thought the first Matrix was the best because it combined special effects with an intelligent plot (not sure if that's the word I'm looking for). It involved a lot of deep stuff, I think, and it made me think, which is something I love in a movie. But to me it ended in a way that seemed to make further movies useless, because the first came to a satisfying end, and so when Reloaded came out, I thought it wasn't as thought provoking as the first, and the special effects were way overdone. I still want to see Revolution, though.
Mor, what do you mean by "all the fuss"? Do you mean by the critiques of them? I think that the LotR purists are the most upset by the changes/omissions in the storyline (my biggest complaints), overall, excellent movies though.
Well, I've never read the books, so I suspect that has something to do with it. I just see a lot of hype surrounding the films, whether it is people waiting in anxious expectation for months and months for the next film, or purists complaining about where they went wrong, etc., etc. I watched the first two films, and I enjoyed them, but if you asked me, I probably still wouldn't be able to tell you who was who, or remember every detail of the plot, or anything like that. I saw the first, and then I saw it again before I saw the second. When the third comes out, I will watch it, but only after watching the first two first. I like them, I am just not nearly as excited about them as everyone else seems to be.