Despite the introduction of the always annoying Simon Pegg, this is an huge improvement on the last instalment. It sees the now retired, loved-up "Ethan" (Tom Cruise) coaxed out of retirement to deal with the menacing arms dealer "Davian" (Philip Seymour Hoffman) who has just bumped off one of the IMF's finest as he tries to offload the devilishly toxic "rabbit's foot" - a weapon with devastating potential. The initial part of the operation goes smoothly enough, but when his prey escapes his clutches, "Ethan" soon realises that he is going to be used to obtain the weapon - else his girlfriend "Julia" (Michelle Monaghan) is going to be toast. PSH is a super baddie here, very much in the less is more school of menace, but not afraid to get a bit brutal when called for. The story itself is all pretty routine, there isn't much jeopardy throughout, but the action scenes are more natural and less choreographed than last time out, and PSH also does add quite a lot of extra gravitas to the proceedings. It also features one of the more assured performance from the usually wooden as a tree Jonathan Rhys Meyers with Ving Rhames having a more substantial, and quite entertaining, role too. I'm not sure what anyone can really do about the inevitability of the conclusion - we just know these films are going to keep on coming, but this one from the established writing team of Kurtzman and Orci keeps moving well with plenty of gadgets, body morphing and action to pass the two hour mark comfortably.