I thought the first film was way better. The zombie and cult stories were really boring. The cult one just dragged on and on and on, I couldn't wait for it to end. I really liked the other two stories though.
It was much more polished, so it really lacked that dark, gritty feel of the first film. Only the first segment (the eye one) managed to recapture that feel of the original.
It was entertaining enough though, and if they keep making 'em, I'll keep watching 'em. I just hope they get a better line-up of director's next time.