In the first paper of this research$^{(1)}$. a new time series method. directional ARMAX (dARMAX) model-based approach. was proposed for rotordynamics identification. The dARMAX processes complex-valued signals, utilizing the complex modal testing theory which enables the separation of the backward and forward modes in the two-sided frequency domain and makes effective modal parameter identification possible. to account for the dynamic characteristics inherent in rotating machinery. In this second part. an evaluation of its performance characteristics based on both simulated and experimental data is presented. Numerical simulations are carried out to show that the method. a complex time series method. successfully implements the complex modal testing in the time domain. and it is superior in nature to the conventional ARMAX and the frequency-domain methods in the estimation of the modal parameters for isotropic and weakly anisotropic rotor systems. Experiments are carried out to demonstrate the applicability and the effectiveness of the dARMAX model-based approach, following the proposed fitting strategy. for the rotordynamics identification.