Speaking as someone who has seen the Hobbit films and is not prone to hyperbolic analogies, I can confirm that they do not, in fact, have any merits at all . . . aside from making it obvious to many that Peter Jackson is full of crap.

That's something I've been aware of for 12 years, but since many were previously deceived as to his abilities, it is gratifying that there is now a much greater awareness of this. In all likelihood, those who still do not see it simply don't care enough about what Tolkien actually wrote to ever be convinced. For them, these stories are about something completely different than what their original author intended.