I liked Lost in Translation a lot especially because of its originality. I know I'm gonna get flamed for not picking ROTK. But I feel that if any of the LOTR films deserved Best Picture, it would be TTT. Yes, the visuals were great in ROTK and I loved the Smeagol/Deagol bit in the beginning and the development of Pippen's character, the movie just wasn't as good as the previous two. I was bored with several stretches of it and just wanted that damn ending to actually end already.

However, knowing the Academy, they are going to run with ROTK because it is a sentimental favorite due to the time and effort exerted by Peter Jackson, et al, which is not how they should do it. They should be judging based on this movie alone and not the series.

My money goes to Lost in Translation.