I absolutely loved the original Enchanted. It was delightfully self-aware for a Disney film, and yet it wasn't slick or modern enough to lose any heart. As romantic comedies go, it's a pretty empowering one for females of all ages. Giselle fights a dragon, finds her own willpower, and starts her own business. She could survive just fine without Patrick Dempsey. I love it. It's just one of the sweetest, funniest movies I've seen, especially from Disney.
I see no reason for a sequel. The point of Enchanted (and any fairy tale, modern or medieval) is that it ends happily ever That's it! They've overcome their drawbridges and dragons, and now they get to chill out. This is what Shrek failed to grasp a dozen times over, and what Ever After miraculously dodged. Considering Fletcher's uneven resume (The Proposal, 27 Dresses), one assume they'll undo "happily ever after" and force Giselle to make some traumatic choice between New York and Andalasia. Perhaps Dempsey will get to save her, just to even things up. Whatever they cook up, it's just an unnecessary twist for a feel good movie.