Kerr has done edits of each of the Hobbit films and, while I found AUJ to be a solid improvement and am sure the other two are similarly, I don’t really care to watch anything but a 3-in-1 edit.

Maple Films is the Hobbit edit I go to. It’s the only one I’ve checked out that truly feels like it works as well as it’d need to on its own. It’s not perfect, but it’s the best IMHO.

When I check out a Hobbit edit, I use the barrel scene as a litmus test. If it goes from the music obviously ramping up for an action sequence to the dwarves floating listlessly, as they almost all do, it fails the test and I look no further.