Well, I am going to come down on the side of the purist critics. I've read the books about 4 times and I loved them every time, all 4 of them. I love the theme, I love the story, I love the characters. All 3 are important to me.
The story was great and didn't need to be fiddled with as much as Mr. Jackson fiddled with it. I, like slip, plan to see it again before I make my final judgement, but I found the movie to be pretty boring.
I did love the sets. I loved Hobbiton, Rivendell, Moria and the Wood Elves dwellings. And I am a big fan of Sean Astin and I thought he did a great job with Samwise. Frodo was a much nobler character than Elijah Wood played him. I thought Bilbo was pretty close.
The jokes fell flat with me because the book is a very serious story.
I always have thought I would love to see this story as a movie and also my other most beloved story, Asimov's Foundation series. Now, I think I would rather Foundation stay where it is, in my head and in my imagination.
Of course, I also think they ruined Dune with the movie too. And I am a picky moviegoer. I like them done right. I did really enjoy Harry Potter and it made me want to read the books which I have not read yet.
take care
JOel