First of all, I wouldn’t bother watching EM2CF unless you’ve at least seen Fate/Zero in its entirety; aside from the fact that series is a masterpiece (and is available on Netflix, at least in the U.S.) you won’t have any context to who this Waver Velvet kid is unless you do. It would be like watching Avengers:Endgame without watching any previous MCU films.
Though to me that immediately hamstrings this sequel/spin-off: it has some huge shoes to fill, and from the outset it doesn’t seem interested in even bothering to do so. This is not a Holy Grail War arc, but a totally different, smaller-scale story about how one combatant in the fourth war has managed to honor his heroic spirit’s wish that he go on surviving.
Even with a good working knowledge of Velvet and his role the fourth Holy Grail war, this first episode of a series focused on him makes a lot of jumps backwards and forwards through time—probably more than should be necessary.
That being said, the story moves along well, from one final parting shot of Fuyuki Bridge ten years ago, to hanging upside down in the Archisorte Mansion seven years ago. There, he regails Lord El-Melloi’s blood niece and (sister-by-succession) Reines with an adventure he had while visiting the ancient ruins of Babylon some months after the war.
After being captured by a fellow ex-Clock Tower student Barzan, Waver meets another former classmate in Melvin. They break out of their cell and blow up the archaeological site believed to be where Iskandar is buried, which Barzan has been using as a workshop for illicit magecraft.
Once they’re both free, Waver asks Melvin to forgive him for being unable to pay back the money he borrowed to travel to Japan for the Holy Grail war he then went on to lose. But Melvin was impressed both by the fact Waver even did survive, and with his display of no-nonsense practical magecraft to get them out of a tough spot, so he decides to lend him more money; this time to buy the late Lord El-Melloi’s class.
Three years later, Waver has steadily managed the class, and now finds himself before Reines, who simply wants to know why he did so. Waver simply feels responsible for El-Melloi’s death, and thus feels carrying on the class is his duty. Reines, still too young to be a proper lord, decides to make Waver’s role in El-Melloi’s legacy official by naming him Lord El-Melloi until she comes of age.
In accepting the title, Waver agrees to help the nearly insolvent El-Melloi family repay their debts (through those titular Case Files) and try to restore the family’s heirloom magical crest that was heavily damaged in the war, and without which the family will surely fall. All he asks in return is to have “the second” added to his title, so that he need not bear the exact same title as his mentor; something he feels he doesn’t deserve.
And that’s how Waver Velvet became Lord El-Melloi II seven years ago. Flash forward to the present, and an older, more stately former-Mr. Waver meets his apprentice Gray (introduced in the preview episode) in the hallway, then sits down with a similarly older Reines and Melvin to discuss…the next case.
While this episode had no shortage of F/Z references, if the show keeps doing that it’s going to feel like a crutch. I for one think this show can stand on its own as a supernatural mystery-of-the-week kind of deal. It’s all about managing expectations, something Waver certainly knows a lot about, having always operated on shoestring resources and third-rate magic.