In Japan, "Game Machine" listed "Magical Drop II" on their May 1, 1996 issue as being the fifth most-successful arcade game of the year. "Next Generation" gave the Neo Geo AES version of "Magical Drop II" three out of five stars, saying that it becomes monotonous after a while, but is overall solid and reasonably addictive. He found the game's most distinctive quality was its accelerated pace, remarking that "you don't have to be as precise as some puzzle games, but there is no time to think, just time to do". Reviewing the Nintendo Switch release, "Nintendo Life" called it "a true classic, and a must-play for puzzle game fans". Similarly to "Next Generation", the reviewer said that the game is defined by how it rewards fast reflexes rather than strategy, particularly noting that there is no need to plan out combos as in most games of its type, a variation which he found "nothing short of exhilarating". Additionally praising the colorful atmosphere and presentation, catchy music, engaging multiplayer, and ideal use of the Joycon controller, he gave it 8 out of 10 stars.