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I was excited and a little wary about seeing this fist installment. I've learned to trust Jackson and Co so it was no surprize to me that it ROCKED. With LOTR it was SO much material in SO little time. With the Hobbit it was the opposite (SO much time with SO little material) If I was forced to be critical of anything it would have to be is some pacing, and acting. There were times where it did languish a little (I do mean a little) And there were times where certain charachters (Elrond, Saruman, Galadriel)just didnt seem to click on the same level as they did in LOTR. Having said that I still am Thrilled with the outcome. I did see this in RealD 3D so I am not sure if it was 24ps or 48ps but it didnt seem overly vivid. Either way I am just not a big fan of 3D. I will see it next time in 2D. To Peter I'd like to say "Thank You" once again for this faithful (and full) telling of this first part of Bilbo's juorney. I look forward to next installment.