Despite the length of the movie at 2 hours and 49 minutes, it has quite a number of action sequences which keep it rolling along. But those with shorter attention spans may find it a bit lengthy to sit through. It's got a big battle scene, the charming and lush setting of Hobbiton, the magical and beautiful Rivendell, Stone Giants, Elves, Great Eagles, Trolls, Dwarves, Wizards, Orcs, Wargs, Goblins, The Creature Gollum and the brilliant actor, Martin Freeman as the Hobbit Bilbo Baggins. So there is much to commend it indeed.
There is one very stupid moment which really grates every time I see this movie - and why they did not edit it out of the extended edition is beyond me. That's a part where a dwarf asks in the Elven outpost of Rivendell "Have they got any chips" which is supposed to be funny, I guess, but it is a ridiculous thing for anyone in Middle Earth to ask and it brings you straight out of the movie and back into modern life. I hate it and I'd love to dub that part out. What was Peter Jackson thinking to allow that part to remain in the final cut?
I'm also not really a fan of the whole Goblin Town / Dwarf section because it's a little silly especially with the escape of the dwarves which is very over the top and just not believable but I can see how that part might appeal more to a younger audience.
Apart from those minor gripes, I think an amazing job has been done overall in the making of this movie which has clearly been a major undertaking. A lot of things were just spot on. And there is a moment near the end of the movie between the characters of the Dwarven leader Thorin Oakenshield and Bilbo Baggins that has me in tears every time. But really, as with every movie, you should really watch it for yourself and make up your own mind. See what other movie items this fan recommends below.