I've mentioned before, I wasn't in on the POTF2 from the "ground floor". I was generally aware of it, and my younger brother had some, but I got in a little bit later on (and then backtracked and picked up the ones I missed). I've often said that I bet it was a great time to be collecting. The long break from SW figures, coupled with the nice release schedule where it wasn't nearly a full time job to keep up (as these days) would have made it really a "fun" time to collect I would think. There's a part of me that wishes it was more similar to that these days. Sure, many of the figures are almost laughable in their buffness, but I can remember first seeing the Boba Fett and marveling at the detail compared to the vintage figure.
Overall, I don't think I have many POTF2 figures in my loose displays anymore. Most of them have been replaced with far superior figures at this point, and some just don't fit in at all anymore. There are some that also hold up pretty well, and are maybe - aside from articulation advances - almost superior to newer figures. I haven't ever been too much of a carded collector, outside of the VOTC line and a Han/Chewie focus, but I've often thought about picking up a POTF2 carded set of the first original releases (Han/Chewie/Luke/Leia/Vader/Obi-Wan/Stormtrooper/Yoda/Lando/Fett). Not the entire line, but just a nice set of 12-20 figures. I do think it is an important part of Star Wars collecting history. I guess I'm glad that the buff sculpted 5 POA figures are a thing of the past, but the line's tone in general is still appealing to me. Although I collect most to all of the basic line(s) at this point, there is just something about an OT-focused line with a reasonable amount of releases (not to mention a $5 or less pricepoint) that is really appealing. I still enjoy collecting these days (and really, the product is better than ever), but it seems like the hobby in general was maybe more "fun" in the POTF2 days. I always like reading people's experiences during that time. Nice topic.