I think this was exactly the same like the first part only with different story and villains. I liked Emily's (Hannah Spearritt) accent. I didn't find this that much entertaining. It wasn't even boring but somehow I felt something was lacking in it. I don't really recommend this to watch as some might take it as a waste of time. And I kinda wished that Hillary Duff was here too and the story line matches with the first one. Then it would have been a better movie instead of "so-so".
This sequel is awesome hilarious comedy-adventure even to the first film. Frankie Muniz is more impressive in his 007-like character, his partner Anthony Anderson is funny and Hannah Spearritt is hottest as a British spy.
It's a movie where kids are secret spys and saving the world just before their bed time and all that sh** LOL, I liked this when I was younger and for sentimental reasons I still smile whenever I see it now, it's a pre-teen action movie and it's not to be taken seriously. Anthony Anderson is what really makes this one fun for his PG rated approach to comedy, but you can always watch this on ABC Family :)
The first Agent Cody Banks wasn't that good, it hardly warranted a sequel. It's pretty lame, way over the top and far fetched, most often it is ludicrous and ridiculous. Exaggerated everything, especially the performances.