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There is a third part for development.
Overall, it's not worse than the first part; it also has some amusing moments and even more stunts, which isn't necessarily a bad thing for this movie. This is pretty much what an adventure film should be like. Perhaps something is missing, or some moments should have been cut or reworked.
Again, returning to the strange couple's love, in reality, there are many people who would not mind being in the place of the elf or dwarf in this case, haha.