Most of what I wrote for "season 1" holds for this one too.
It's without a doubt the best adaptation of the Daomu Biji series, even a bit more enjoyable than Time Raiders.
This time they really worked on the main characters and they did feel more three dimensional, it genuinely felt like Fatty and Xie had a relationship.
The actors had really good chemistry, almost all of them.
As is quite typical, the actor for Zhang Qiling is stiff as a plank, with about as much acting ability. He's not the worst Kylin there ever was, but it's close.
Newcomers like Bai and Liu Sang were wonderful. This "season" even gave me a drinking scene with drunk Bai, which is a huge plus.
The cast of characters is quite large and unfortunately that means some of them sometimes don't have anything to do, so you get crowds literally standing in the background of many scenes as the main characters do the acting.
But for the most part they really try to give people something to do.
Sometimes it's a bit silly how Shades and Zhang Qiling suddenly disappear, or are somehow held up, so they can't solve the current problem with their superhero fighting abilities. But that's what you have to do when you have characters this powerful. If you want to keep any tension and conflict that is.
The story is a story this time, I wouldn't call it just barebones plot this time. There's set up, there's payoff. They mostly remember to tie off loose ends! (more or less successfully)
There's a mystery that gets solved, explained and is quite clear. This is unusual for Daomu.
There are several villains and all of them have proper motivation and their arcs are resolved by the end. Honestly, from the story standpoint this is shoulders above any of the other Daomu adaptations.

One thing I didn't care for were minor characters who get killed off in oddly unsatisfying ways. There are TWO different girlfriend characters who get fridged pretty much, with one of them being only hinted at surviving at the very end of the show.