It can't ever quite recapture the shock-value humor of the Big Daddy/Hit Girl dynamic from the first film, but there sure is a ton of profanity (including Red Mist's new name). What I like most is that Jim Carrey is playing an actual character - had I not known he was in this movie I think it would have taken me a while to recognize him.
Also - LINK FOR NON-U.S. READERS!
Embedded red-band trailer after the jump for all our citizens.