I really enjoyed "The Last Don" (Part 1). Although it wasn't quite the masterpiece that "The Godfather" was, I thought it was more true-to-life than the great classic. "The Last Don" saga deals with the modern mafia, and the efforts of the head of the Clericuzio family to extricate his family from crime, and enter the legitimate world with his empire's wealth intact.
Part 2 picks up exactly where Part 1 ends. In my opinion Part 2 is quite watchable, and constitutes good entertainment. It is not quite up to Part 1. Certain segments of it seem over-acted and perhaps overly simplistic--it lacked the twists and surprises that made Part 1 such a delight. Most of the time I felt that I knew exactly where Part 2 was taking us.
Notwithstanding my criticisms, this is a very entertaining sequel. Its portrayal of Hollywood is very funny, and there are certain components of the film that I frankly am surprised did not get someone sued. Spoiler omitted here, but if you watch Part 2 you will most surely know exactly what I mean.
I enjoyed it.