Reception of The Papercut Chronicles II has been mixed. Kyle Anderson of Entertainment Weekly opined that while the album "too often chokes on revved-up aggro crunch and laughable lyrical raging against the machine, it works when they jettison their limp rap-rock instincts and plunge into crossover pop like the haunting 'Life Goes On' and stealthily sincere 'Ass Back Home'." Gregory Heaney of Allmusic noted that The Papercut Chronicles II will come as a "blast from the past" for the band's fans, adding that songs such as "Lazarus, Ze Gitan" and "Solo Discotheque (Whiskey Bitness)" feature the "infectious and highly polished sound that has made the quartet the pop/rap/punk crossover triple threat that it's grown into over the years." In a highly negative review of the record, Jody Rosen of Rolling Stone gave the record one and a half stars out of five, calling it "the year's most charmless album" and referring to McCoy as a "laughably inept MC".
The song "Kid Nothing and the Never-Ending Naked Nightmare" itself ends at 3:53. There is then a few minutes of silence, then at 7:07 a hidden track outro starts, which involves a computerized voice asking what the listener thought about the album, then going off into random tangents.