Fable 2 upgrades some of the glaring flaws of Fable, but leaves behind plenty, including a shockingly short campaign.
As usual, I will start with the good.
The game looks and sounds amazing. The character design is a little odd, though intentionally so, but the environments are amazing to look at, and the music is very good.
Along the lines of sound, the voice acting is very good. If you're American like me, you'll never get tired of hearing those British accents.
The combat is the real star of the game. The lack of a magic meter makes magic incredibly fun to use, and combining all three forms of combat (Melee, Magic, Ranged) is very satisfying. However, the fact that you have to charge in order to use higher leveled spells is a little frustrating, especially when you cash in so much experience to buy them, only to find you rarely get to use them without taking a serious amount of damage in exchange.
Now for the complaints.
Gestures. Seem like they would be fun...and they are...for like 12 seconds. In an era of conversation tree's where you choose what you want to say, and the good/evil intent behind it, gestures just seem clumsy. There were many times I found that those gestures seemed purely comical. Not a single serious gesture among them, and this really annoyed me. I think it's time to stop with silent protagonists, as the Fable 2 Protagonist is the epitome of why they are frustrating. Giving the thumbs up to your wife so she'll love you more...? Dumb.
Also, the story has a quasi-serious tone, but it is not fleshed out and incredibly short. And as mentioned, there are too many instances of comedy with not a single moment that left me feeling moved. When I play an RPG, I play for the story, then gameplay. Fable 2 offers gameplay, with the bare minimum of story.
Also, the whole "no money, just renown for quests" thing is ridiculous. I mean, not everyone should pay you to things, but it's quite absurd to say that not a single person is willing to offer you money to do tasks no one else is able to do.
The clothing in the game is kind of frustrating, as none of it really looks cool. In order to "look good" by the game characters standards, you'll find yourself fighting bandits wearing fluffy shirts and expensive jackets, as opposed to armor or a bad ass black outfit of some kind.
All-in-all, Fable 2 is a fun game, but has the depth of a shower. If your looking for decent customization blended with an action-heavy game, this is for you. If you're looking for an engaging story-line that will leave you saying "Wow..." you should probably get something else.