People have started to discuss this issue in the thread for #1- I'm just starting a separate thread so more people can locate the discussion.
In my opinion, this issue was much better than the first. We still don't understand the relationship to the current crop of Gen actives to the originals (if any), but its really starting to look like this is a complete relaunch. Instead of having 13 generations of genactives like before, it seems like these are simply the 13th batch of super-meta humans that have been created. Currently they are being called by the same names (i.e. Caitlin, Lane) but we don't know if these are their real names or just the names given to them in their fake lives. Since none of them are even living with their real parents, why would they be using their real names?
Like before, we have a man named Lynch working for IO, except this time we get to see his eye being shot out. We don't know if he'll be playing a major role this time, and we don't even know which side he's going to be on. Seeing the kids lost in the city made me miss the Lynch of old- the kids always had some type of parental figure cuz he was around. Now they are on their own against IO- its kind of scarey. It feels unsafe. But I guess that makes for a good story.
The characters are starting to feel like thesmselves again- Grunge is starting to lighten up. I'm sure when the situation lightens up we'll get to see character interaction of a lighter side. On the other hand, the pacing is way to fast for relationships in this book. Its issue two, the kids are in captivity, and Grunge is already stealing kisses and trying to make Fairchild his girlfriend? Waaaaay too fast. The same goes with the group hug as the end of last issue: it happened waaaaay to fast, which made it uber cheesey.
The biggest improvement in the book by far is Sarah's character. She's got attitude and a very strong personality. The way that things have been written so far, she should be the team leader: she's smarter than in the previous series, and less of a pushover than Caitlin.
Artwise, I'm warming up to Talent. This issue was better than the last, and I'm getting the feeling that he's just warming up. Remember that J. Scott's art in the original mini looked like your worse than average Jim Lee clone. It took him only 5 issues to build his own style that was incredible. How new is Talent (I've never seen anything drawn by him before)- we may see a repeat. Matt Banning's inks are awesome- I like them better than Sandra Hopes because they are fresh and new. Anything Hope inks reminds me of the work she did on Crimson (which I loved- I'm just in the mood for something new at the moment).
EDIT: Inserted Banning's name as the correct inker of the series.