It was great! - a bit slow at the start and the start was not what I was expecting, have read all the books but remember LOTR books more than The Hobbit, but then I was around 10 or 11 years old when I read them, a wee while ago
The begining was a bit, errm hard to explain, childish? trying to be too funny? it just didn't gel at the start but don't get me wrong it was fantastic, even the start of it.
Word of warning though! watch out for them Fir Cones! I got hit right in the eye!
(yes I seen the 3D version)