The Hobbit
I enjoyed The Hobbit the book because it was from the point of view of Bilbo. It was his growth throughout the story that made it so interesting. It would have been difficult to make the movie as such, but it definitely loses a certain quality because it.
The movie is great. If I hadn't read the book beforehand, I would have thought it fit perfectly with LOTR as a prequel and is geniunely interesting. The pacing is top notch, the cinematography is amazing, but it does feel a bit jumbled and loose. What I mean is, characters appear and disappear without regard, events are brought up out of whim instead of story.
I guess what I'm trying to say is, it's a damn shame that this book is being split up into three, three hour movies. I'm sure everything will have a nice flow if seen back to back to back, but as pieces, it really doesn't do it any favors.