I'm so happy I only wasted $8 for the movie instead of $20+ for the book. Awesome graphics + awesome sound does not necessarily = good movie.
It REALLY dragged at times and Frodo looked like a goon. There was virtually no attachment to the characters... they could have all died and I would have felt nothing. Gandalf was portrayed as a pathetic wimp... isn't he supposed to be a level 40 wizard or something? The evil wizard mopped the floor with him. Gandalf's best magic was some fucking fireworks.
What about that little romance between the ranger and the elf? They took a quick 10 seconds to say "oh I'm giving up my immortality to be with you" and then we never hear from them again. Why bother mentioning it? Please don't tell me "oh you'll hear more about it in the other movies" - I paid for this one.
The ending quite sucked. "Perhaps we will." Uhh, no. Perhaps I won't pay to see the next installment. =)
Good notes - great sound, great effects, excellent battle scenes, villains, villains' henchmen, and other monsters looked awesome.
Bad notes - too long. too dragging.
Recommendations - Watch Harry Potter.
-Warik