Not bad but not good either.
The pacing seems to be off; every characters seem to talk a lot of things in a short amount of time, like they already prepared them as a speech. This especially look weird in the dialogue between Guts and Farnese. The scenes are jumping quickly between one person talking to another, without a moment of silence.
However the animation is slightly better than the first episode. CGI still can't handle expression well (look at some Farnese's expression and the soldier who Guts punched), but it's okay-ish. The adaptation from the manga is also good, unlike the abrupt lumping-it-all-together in episode one.