Zaeed is a great character but it was kinda dissapointing to see he had no real dialogue. I hope they dont make the same mistake in ME3, just think of Morinth/Samara / Zaeed / Kasumi etc, great characters that werent fully developed and have nothing interesting (besides their loyalty quests) going on.
it's a real shame when looking through this forum and seeing all the pages wasted on other characters and zaeed only has a scant few just because lack of a chat wheel, which is a game flaw not a character flaw.