Five word review: "At least it's the last."
It explains nothing, has ratshit pacing (about 45 minutes in, the action jumps to 11 and doesn't stop), steals from Gyruss and Beachhead, has a tediously overlong final death battle, and insists on ramming Christian bullshit imagery down our necks. I mean, crucifixion, the rising sun, free will,
And did I mention that it explains nothing? The Wachowski Brothers are cheap hacks. They're no better than Chris Carter, who also ended up with self-contradictory ambiguous metawank. The difference is that Carter was trying to keep an open-ended show going, and by the time he knew he had to wrap it up, he'd already gone in too many different directions for there to be anything left to make sense. The Matrix, on the other hand, was allegedly planned as three movies. If so, the Brothers Dubya should be the fucking laughing stock of Hollywood for being unable to keep their shit together for a mere THREE episodes.
I've now seen part 3 twice, and it made no more sense the second time. So much for the benefit of the doubt. Oh yeah, if you do go and see it, play my drinking game: quaff every time a Zionista says "goddamn". You'll be shitfaced in no time.