Picked up Gears of War 2 on Sunday, and just beat it a few days ago.
All I can say that Gears of War 2 is a great game. It's longer, has more action, new weapons, great environments, good sound, and stunning graphics.
My only complaint about the game is the plot. It doesn't really build off the first Gears of War, and not a lot of background information is revealed.
Still, it's a great game. If you liked the first Gears of War, you'll definitely like the second one.