From the first musical number, The Muppets: Most Wanted admits what it’s up to. “We’re doing a sequel,” the beloved Jim Henson puppets croak and caw, “that’s what we do in Hollywood. Though everyone knows that a sequel’s never quite as good.” And even though Kermit might be spot on with his sentiment, starting things off with this kind of disclaimer doesn’t offer a ton of hope to an expecting audience. Following that mantra of mediocrity, director and writer James Bobin offers up a Muppets that’s fully tolerable but never exceptional.