I've only played 2, 3, and SF. I was really disappointed with 2 - it felt boring, and I only pushed myself to finish it so I could play SF when that released.
I loved, LOVED 3 - the characters actually became likable (yes, even Rico), the villains were great, the environments had a good variety to them. My only gripe with 3 was the last level and the awful ending.
SF was amazing to look at, but the gameplay was so much different from the first two games, that it just felt like a completely different franchise. I was expecting high-voltage war scenarios and was given stealth-as-much-as-you-can infiltration missions. The story was terrible - that setup, who in their right mind thought it made sense for the winner of a war to give up half of their planet to the losers of a war, and allow the losers to kill their people while they are moving in? The villains were neutered compared to the previous entries. Plus, it had that annoyingly cliched character Echo that just ruined every scene she touched.
I'm happy to see Guerilla Games work on something new, unless they are willing to step back from SF and give us a proper story and gameplay as they did in KZ3.