The setup: Banks is spending time at a CIA summer camp when Diaz ("The Others'" Keith Allen), a disaffected CIA veteran demoted to being camp leader, steals mind-control software; his plan, to take over the world. For a reason not made clear enough, the Organization chooses the youngster to track him down. As before, Banks befriends said pretty girl (here, Hannah Spearritt of Euro band S Club 7), this time while attending an exclusive music school. It's run by the wife (Anna Chancellor) of a computer scientist ("I Capture the Castle's" James Faulkner) in league with Diaz. Aiding Banks is the jive-talking Derek ("Kangaroo Jack's" Anthony Anderson).
Were it not for the marvelous Muniz, rescuing virtually every scene with his effortlessly charming presence, "Agent Cody Banks 2: Destination London" would quickly go stale. As is, for the preteen crowd, this sequel will have enough movement and comedy to satisfy. But there's probably too little of either to justify a "Cody 3." Starring Frankie Muniz, Anthony Anderson, Hannah Spearritt and Keith Allen. Directed by Kevin Allen. Written by Don Rhymer. Produced by David Glasser, Andreas Klein, David Nicksay, Guy Oseary and Dylan Sellers. An MGM release. Action/comedy. Rated PG for action violence and some crude humor. Running time: 101 min