I think PJ & Co have done a damn fine job of bringing LoTR to the screen. I'm not a purist, but I am a big fan...read the series 3 or 4 times, <I>Silmarillion</I>, etc.. Right now I'm reading the <I>Book of Lost Tales</I> and <I>Unfinished Tales</I>.
My only comment to the Purists out there ( you know who you are )
Something is always changed in the transition from the written page to the silver-screen...How would you have made it fit into three hours AND made it into something good to watch for even the Tolkein Virgins(TM)? I for one, think it is perhaps the best transfer of a book into a movie that I have seen. ( It also kicks the crap out of that HIDEOUS Animated travesty )
I am personally waiting for:
The battle of Helms Deep. 'nuff said
The March of the Ents. Ents are too cool. I wan't to see the Huorns tear up some Orc a** and see the Ents raze Isengard.
The Witch-King as he confronts Gandalf at the gates of Minas Tirith...and meets his fate...