Frankly, I'd say that Revolutions should have made the grade, but Reloaded... Even if you're just going by the effects, Reloaded was NOTHING compared to Revolutions. Plus they stuck in other stupid shit, like bowling sound effects when Neo throws a Smith into a group of other Smiths in the fight of a hundred agents. 😠 That really pissed me off.
Revolutions, however. WOW. The CG was beautiful.