I actually liked Moana 2, which seems to be a very hot take. I think the key is that I had not actually seen Moana until i wanted to know the story before watching Moana 2 with the kids. So I never fell in love with the first, both just seemed decent to me.
In other words, I think sequels are always a let down because people that are huge fans of the original go into the movie expecting to be dazzled all over again, when in reality there’s only so much you can do with the story. Great movies are great because they tell a complete story.