My problems with the sequels was how bloated they were due to them being one film stretched across two, since the Wachowskis wanted movie 2 to be a prequel and movie 3 to be the sole sequel. Instead, WB forced them to make both 2 and 3 into sequels, so their intended second movie got condensed into the Second Renaissance part of the Animatrix, and their intended third movie got expanded when their wasn’t enough story to support it.
Decoded was, for me, the closest edit I’ve seen to capturing what was likely the intended single sequel, and the only one I’ve seen that cuts out all that stupid forced cliffhanger filler that was the train station at the beginning of Revolutions.
It gets a little clunky with the way Neo’s blinding and Trinity surviving is handled, but it worked for me much, much better than the theatrical versions of both sequels, and far better than Dezionized or any other edits I’ve seen.