So, I've really got mixed feelings on this one. As a fun crowd pleaser, it was an A+. But man, was this movie ever sequelly. It was a 100% rehash of the first movie. Same exact plot twists and everything. But at the same time, I had so much fun watching it, and Brad Bird might be the best action director working now. Talk about fun. Loved spending time with these characters again, loved almost everything, just wish they had tried to be a little more daring with the story. That whole line of "well, I had to wait until I had the perfect story to tell" narrative is complete and total bullshit. This was simply an excuse to get these characters in action again. Nothing more. And I think the ONLY reason it takes place immediately after the first is so that Jack Jack can still be a baby. And Edna Mode served no purpose in this movie whatsoever, other than to be Edna Mode, who admittedly, is awesome.
It's weird to think that the entire MCU universe of films exists in the gap between the first incredibles and this one. That's how much the superhero movie landscape has changed.