Definitely agree with you.
"Return of the King" was the most undeserving Best Picture since "The Sound of Music". As brutal as the film was, "Mystic River" should have won. Of the nominees, I liked "Seabiscuit" better, but "Mystic River" was outstanding and the better film.
I am waiting for a Japanese studio to pick up Tolkien and make an anime version. LOTR lends it self better to anime, in that anime doesn't have to fit a time length it can be ten hours if need be not just three also it is much cheaper and the only to do certain things from literature.