TheBoost

The old 90 minute Rankin/Bass Hobbit moved along at a pretty brisk pace without leaving TOO much out or adding lots of extra padding so still remains my favorite adaptation so far, but I still think Del Toro (or PJ) could have made one or even two REALLY amazing movies from this story on par with the LOTR films IF the focus actually remained on the title character of Bilbo instead of on Alfrid, Legolas, Kili/Tauriel, the white Orc, the White Council, etc.

As it is, splitting this story into three bloated films has really killed this version as far as I'm concerned--a lot of the extra stuff in the films could have been added back in for the extended editions but should probably not have been left in for the more streamlined theatrical versions.

I'm really looking forward to watching a shorter one or two movie edit and think it will do wonders for my prequelesque feelings of mehness about the current PJ versions.

I'm contemplating doing a edit that matches as best I can the pacing and events of the cartoon version. I might even make it full-screen.

when you say 'full screen' that you mean 4:3? If so you would have to crop it down a lot and it would look bad, even if you are thinking of cropping to 16:9 you would still have to crop ether way its not going to look as good!