The Canon EF 2x II Extender is relatively small and light. It is weather-sealed when used with similarly-sealed lenses and camera bodies. Build quality is excellent - Canon L Lens quality. Pictured above from left to right are the Canon Extender EF 1.4x Converter , Canon Extender EF 2x Converter and the Canon 24-70mm f/2.8L USM Lens .
You mention using the EF 70-200mm f/2.8L IS USM "II" lens That works well with the EF "III" Extenders. It might also work well with the EF "II" Extenders, but is not something I've ever tried. (I have use the EF 1.4X II on the EF 100-400mm II with excellent results.) I have no idea how that lens
Yes, that lens is fully compatible with your Rebel. It exceeds the capability of your camera. Depending on what current lens you have the image quality will be equal or better. Whether or not you get great photos depends on you.