I think they were too cryptic and the Wachowskis were consumed by the grandiosity of their own mythos, but they were still impressive for what they attempted to do: build a sci-fi epic.
Neo is a 'god' in the matrix and yet movie avoids 'I'll just punch everyone, so why bother doing something clever'.
The scenes with key-maker escaping are really tense, and neo was cleverly outsmarted to be removed from the chase.
Reloaded, the cerebral philosophical expository arc. And then Revolutions, just guns and fists a-blazin'.