Well, it appears that our love affair with Peter Jackson is over as he (inevitably?) made quite a hash of the Hobbit. It's a shame as he should be remembered as having done a surprisingly excellent job with the much more challenging Lord of the Rings Trilogy. Of course, perhaps we should be thankful - the mess of the Hobbit movies reminds us that we can always return to the source.
I recently cracked open my copy of the Return of the King. It has been nearly a decade since I last read it. In the meantime, I've watched the movies at least half a dozen times. The book holds up. Tolkien got something that is clearly lost to our contemporary sensibilities. A pace and texture and air that reminds us of nobility. And while he might be justly critiqued for his detailed descriptions (toned down significantly in the third book compared to the first), just this detail can prove a refreshing exercise for the imagination. Let us remember that one man had the capacity to bring into the world such a colorful vastness using nothing more than his own imagination.
This is a great work. Not of literature, but of creation.