...the characters and the special effects are great... but for 2 hours and 50 minutes you only get to about half the story in the book. There was a lot of filler material and scenes not from the book. I was really irked when I realized where they ended the movie, to continue with the sequel. BUT apparently there will be a third Hobbit movie as well!?!?!?! A connecting story between "The Hobbit" and "The Lord of the Rings". I understand doing this with TLOTR as that story took place with 3 books, but "The Hobbit" is only about 250 to 375 pages (depending on the edition you have). THEY COULD HAVE FINISHED THE WHOLE STORY IN LESS THAN 3 HOURS! And they should have done so. It would have been a great film. Peter Jackson, you pee me off.