I own this on DVD.
I don't understand all the hate this movie gets. People say it's the worst of the series. Well maybe it's just that all of them are so good that even the low point is still so great? I personally feel that the first film is the worst. Even though that movie is also good.
MI:2 is my personal favorite of the saga. Call me a 90's kid through and through if you like, but I love the rock and roll aspects of the film. The action is great, the villain is good, the girl is hot as hell. I just love this movie. It's my favorite.
Mistake status: I have not yet looked for any.
Continuity mistake: The tyres on the crotch rocket motorcycles they were riding kept changing from knobbly tyres to road slicks, back and forth depending on what terrain they were on. Easiest to see when Ethan skids on the road to avoid the white van - clear shot of slick tyres - then about 30 seconds later they're on the dirt, he skids into the old car and you can easily see that he's got off-road tyres front and back.