Since I feel like Ch.11 was rather... confusing in the end, I tried to look around on tumblr and in other forums. I think I get it now:
Ch.11 of :reThe end of Ch.11 ties closely to Ch.3. When Shirazu and Urie wanted to get information about Torso out of Chie Horie, that small female photographer, she wanted something in exchange:
As you can see, Chie Horie wants to have a "personal belonging from Haise with a strong scent" for Kanae. The latter is the mysterious guy we see on the second page. Chie refers to him as a female model to hide Kanae's identity. See Kanae calling out "Shu", so Tsukiyama? I'm pretty sure that Kanae is worried about his depressed master Tsukiyama and, therefore, asked Chie Horie to get something from Kaneki. I don't know why, but apparently Chie somehow knows that Sasaki is Kaneki b/c otherwise she wouldn't have asked Urie and Shirazu to give her a personal item from Sasaki. If we go to Ch.11:
Turns out what the two idiots were trading Chie with is... Sasaki's underwear (the one that has the word the energy on it). Kanae gave it to Tsukiyama who is seen in the left lower panel. He says:" What is this?" No idea what his reaction is, but he looks depressed as hell. The Tsukiyama panel must be a flashback b/c Kanae is meeting Chie to return the underwear (again, I still find it gross, lol). When Chie asks how Tsukiyama reacted he says:" Scheisse (Sh*tty), there's no point in answering that". Looks like Kanae was not pleased with the reaction Tsukiyama was giving.
Here's what I'd like to ask: If Sasaki is really Kaneki, why is Kanae giving such a negative reply to Chie's question? Did Tsukiyama not recognize Kaneki's smell in Sasaki's underwear? He should b/c we all know how obsessed Tsukiyama is with Kaneki's smell.
I miss Tsukiyama's "Tres Bien" moments T_T
Btw about what I think is the better between SAO and SAO II (I apologize for avoiding the question) I have got to say I prefer SAO II over SAO because I've read the light novels and it was actually a great adaption to it. A-1 pictures did an amazing job in SAO II because In SAO A-1 pictures really missed out on important plot points that happened in the light novels.