[ Insert name Here ]
I pretty much agree completely. There's no reason that it needed to be put on the rack and stretched into three movies. I'm pretty sure Peter Jackson already has enough money from the LotR trilogy to keep his swimming pool filled with fresh $50's for the rest of his life, why did he have to ******** up my favorite book like that?
I rather doubt it was about money, considering Jackson only picked up doing the movies when his director friend walked away from the project. I think Jackson just wanted to get more of the Middle Earth lore into the movies, thus why he added the Silmarillion crud.... I call it crud because I felt it totally bogged down the first movie and made it confusing to follow (3 plots going on all at the same time, right in the beginning of the movie was a terrible idea). Jackson really could have integrated those parts better. They flowed more smoothly in the 2nd film because the focus was on the Dwarves and the side plot was the Necromancer, unlike in the first film where the plot of the Dwarves, the Necromancer and the desired-revenge of the White Orc were all competing for the spotlight (and the White Orc's revenge was then cast aside as if it were nothing in the second movie, which made it's existence seem kind pointless).
On the 1-book-into-3 thing. People would have screamed and hollered had it just been one because, lets face it, a TON of stuff happens in the books. One film would have been extremely rushed. It really could have been condensed into 2, though, had they cut out a lot of the bull in the first movie.
On the other hand, making it 3 films allowed the team to focus on the memorable moments in the book, which happen extremely fast in text form - Goblin town was only a few pages! The Goblin King was alive for less than a page! I was terribly surprised when I looked that up right after I saw the first movie (I hadn't read the book in several years, prior to that). About half of the second film was dedicated to Smaug himself too, who, if I remember right, was only around for a few short chapters, yet commanded about an hour of screen time ( *SPOILER, SKIP NEXT LINE IF YOU HAVEN'T SEEN IT* ----------- and isn't dead yet).
As a whole, I don't feel The Hobbit lives up to the amazing quality and structure of the LOTR trilogy, but The Hobbit is terrible either. The first movie was definitely the weakest link, in my opinion, for reason stated above, but the second was pretty stunning. Yes, it delved off the path a bit (Legolas becomes a frontal character, but Jackson made it work, really well actually, unlike his attempts to get people into the Necromancer story in the first film) and had an eye-rolling love triangle, but there was plenty to be in awe over too. I was gushing over Smaug - his animation, personality, and how all the characters interacted with him were simply amazing. Mirkwood wasn't too shabby, either, to be honest.