An insanely pretentious and dazzling cyberaction sequel. Neo (Keanu Reeves), the former hacker who has been unplugged from the technological delusions of the Matrix, is now grappling with the paradox of predestination: If he has been ordained as ''the One,'' does he have any more choice than those enslaved by the Matrix? These are the sorts of thoughts that lead everywhere and nowhere, and much of the film is weighed down by an atmosphere of sodden, junky, faux-Kubrickian philosophizing. And yet. If The Matrix Reloaded is a trip through high-toned mediocrity, it's one of the most wizardly mediocre movies in quite some time. The sci-fi fight scenes, including a spectacular 14-minute chase, fly past the first film in terms of imaginative logistics; they just about make your eyeballs dance.