If you have a high end computer enjoy! For the rest of us...
Almost all the things that were frustrating or just plain boring were fixed in Everquest 2. The quests given by NPCs give real experience, not just a tiny sliver of your experience bar. The crafting is a lot more fun in this version. I may be mean, but I found it a hoot when people got injured because they weren't paying attention. It gave a certain amount of spice to the normally time consuming, mind numbing process of crafting. And finally, this version makes it feasible to solo! No more trying to find a group when all you want to do is play for an hour.
And the graphics.... I cannot stress how much better the graphics really are. The character models are well done, the scenery is much better looking, even the buildings look amazing. Alas, there is a price to pay for such prettiness. If you like lag, then you'll love this game. It's a good thing that there are such pretty things to look at, because, odds are, you'll be looking at them for a long time. The loading times are also a problem, again because they put so much into the game it takes time to load up each zone. I've heard that if you have a really high end gaming computer, then these problems are minimized. Unfortunately, I can only rate what I have played.
Also I must note that this game may not be as good to people who love the original. There were many players that I saw giving away their high end gear to play EQ2, then seeing many of those same people coming back because they just couldn't get into the game.