Peter Jackson has humbly and graciously accepted the role of directing yet another attempt at creating The Hobbit into some sort of substantial movie. If any of your can remember the first two attempts the one by Ralph Bakshi being the most notable for nearly completing the movie..., alas, we're wandering off the track here by the merest of notions to rant about the previous attempts.
Peter began this project a while back and in keeping with his love for Tolkien he again attempts to make a 10 hour movie (yes there is a God) however, he also realizes that one just cannot put everyword and nuance from the book onto the screen so,... here we go a two parter being released simultaneously. Out of movie one and into movie two. Cool huh?