Well, it is nowhere near the first part in terms of storyline and character development.
It's focuses more on the rebel part, often borderline on being propaganda-like and condoning terrorism, and it also has a very obvious anti-USA part, in case something like this might bother you.
All that said, I enjoyed it though, but not as much as the first one.
Hope that helped.
Other good korean movies, I can only think of Oldboy, but I suppose you already know that one. If not, watch it like there is no tomorrow!
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