After many years of rewatches I've realized Terminator 2 really drags at times, and the best part of the movie is over after the chase scene after the mall. The Matrix is engaging throughout and actually picks up once all of the in-universe exposition is done with.
While I do love The Matrix, the main knock against it is that I feel Neo and Trinity were miscast. They're just so wooden and those animated storyboards they made for the production showed Neo and Trinity with so much more emotion. Which is really a shame since so many characters like Smith, Tank, Cypher, Oracle, and even Mouse all had so much personality. Still, I vote The Matrix as better.