I saw the Hobbit tonight...here are my thoughts:
It starts off great, first half hour to 45 minutes go by pretty fast and it is ten times the movie the entire first flick was. Problem was, there was still two hours to go...
Enter the hour of nothingness that was the second part of the movie. Have you ever wanted to see a bunch of dwarves running and other people talking? Did you not get enough of that in the first movie? Sweet here ya go! Even stuff like elves killing orcs in mass quantities didnt make up for the Ambien like qualities of the second hour of the film. Much like part 1, they could have sliced part of this hour out and made the movie way better. (not to mention saved us all another ticket fee to see a third film)
Once the dwarves get to the mountain though and Gandalf gets to Dol Guldur the movie picks up again and you almost feel like you are watching the Lord of the Rings not the Hobbit 2: The Search For More Money! Smaug was amazing, the Necromancer was perfect and hey more elves killing orcs! Things are kicking butt until...
Worst ending EVER! Jesus Peter Jackson how about instead of making me watch 45 minutes of short people running you include that on the DVD extras and you give me the ending the movie should have had, which was the defeating of Smaug! Instead you build and build and build and then just cut the movie off at a ridiculously inappropriate point so everyone who sat in the theater walked out going "eh?". Seriously, it was audible in my theater, people seemed stunned they just cut the movie off, like they lost the last reel or something. Completely ruined the last part of the flick. This is what happens when you take a short story and make it a 9 hour movie you stretch out parts that have no business being stretched and then you have to find places to cut the story up where there is no purpose. Now the third movie is hampered with the defeating of Smaug and the Battle of the Seven Armies, plus I am sure another hour of dwarves running. (seriously they should be way less fat with all the ground they cover)
I give it a B-, the awesome parts are awesome, but the boring parts drag the movie down and the ending blew. It was better than Unexpected Journey, but that aint saying much. So far this trilogy has almost none of the magic of the Lord of the Rings and I blame the blatant cashgrab of making it a trilogy for that.
FYI before the ending...the movie was looking at a B+ because Smaug was so awesome...