Nisemonogatari is a very understanding series. It understands the difference between pornography and eroticism is a fine line and gyrates provocatively on the latter side. It understands that by emasculating the protagonist and slavishly worshipping the otherwise entirely female cast it champions misandry over feminism. It understands family members transcend the commonly held notions of love and hate and that often reason and logic don't apply. It also understands, and this is crucial, that as a phenomenon, the Monogatari franchise (including Bakemonogatari before and the upcoming Kizumonogatari film) are fleeting. And damned if it isn't going to burn magnesium bright while it can.
All the pieces from Bakemonogatari are in place here: art and animation that sucker-punch the retinas, banter that strafes wit and tedium and a supernatural affliction story framework for support. Like Akiyuki Shinbo's previous role as director with studio SHAFT the production is, sometimes pompous, but always slick and confident and plays strongly to the intended audience. Specifically, eroticism for otaku. Not the flesh markets that series like Queen's Blade, Yosuga no Sora or Ladies versus Butlers are, but understanding how to titillate rather than satiate and the confidence to put the story on hold for an episode to indulge in this.