I'm really excited for this. I don't care if it's bloated and I don't care that a relatively short book was spread into 3 movies. Any extra time spent in Middle Earth is good time spent to me. I love every extra second (with the exception of the Goblin King's need to sing in AUJ).
Something about Jackson's Middle Earth movies brings me so much joy. After seeing the extended LOTR DVD's back when they first came out, I never went back to the theatrical versions and I never will when the opportunity for extended versions are available.
On a side note, my wife and I just bought a house. The street is on a very steep hill and there are some very high hills on the property. We are currently in the early stages of trying to plan and then construct a hobbit hole!
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