Okay, the first one didn't look all that good, mostly because it was playing it too damn straight. I mean, seriously, you try to build a chicken-head kaiju as a legitimate sci-fi menace? Look, I understand why people get their jollies from bad movies that play dumb premises straight, but I come from the generation that can only bear watching crap like that if it's getting verbally torn to shreds by MST3K, The Nostalgia Critic, or some other internet celebrity writing all the jokes the original team SHOULD have when working with a premise that stupid.
But the sequel, on the other hand; oh-ho-ho BOY, does it look like a treat!! Having Gilala crash the G8 Summit (and one that really did take place, just for extra fun-facts to brag to my buddies about), with all the politicians giving spot-on national stereotype humor, before the conference gets highjacked by what has to be the hammiest Kim Jong-Il since Team America: World Police, and then watching a epic duel between Gilala and a summoned Japanese mountain god - fucking GENIUS!!! This is a film that doesn't just recognize it's own stupidity, but fully embraces it, and goes all guns-a-blazing with how over-the-top and ludicrous it is! Assuming I ever get to a movie night where the theme is 'Japanese bootlegs', I'd totally put the "Gilala Attacks the G8 summit" at the top of my list!