I'm in love with it.

With the Extended Edition!!!

I've just finished tape one (it ends when they decide to go to Moria).

The extra parts on the Shire are so nice!! I love Bilbo's text and the images. And the Sackville-Bagginses!!! And Frodo and Bilbo!!
And Sam, Frodo, Merry and Pippin in the tavern!! That was lovely!!
And Aragorn singing!! And the "look foul and feel fair"!!! And The trolls!!!
And Rivendell!! The extra scenes were great. Even Gandalf using the black speech.

What really cracked me up was 'Gandalf, is Mordor left or right?'

LOL!!!

Can't wait to see tape 2