While I do think that some of the battle scenes could use a bit of judicious trimming, I thought in the whole, the movie was wonderful. The characters were either already familiar or they were well drawn and well developed. Unlike LOTR,which lacked two important passages (Tom Bombatdil and the Scouring of the Shire) there was nothing missing. Everything I imagined in reading The Hobbit was right there and pretty much exactly as I had imagined it. What more could one ask?