In order to plead our case, I offer up this latest trailer straight from Middle Earth. We're finally starting to see a shift in tone here from Jackson's previous Tolkien films, something a little lighter, a little more adventurous. The personification of this tonal shift looks strongest in Smeagol, who has not yet been tortured and twisted by decades without his Precious and seems to take real joy in messing about with the young Bilbo Baggins.
I'm still curious to see just how the 48FPS element plays itself out, especially now that accommodating theaters will be fewer and farther between than originally hoped. Either way, bring on the Christmas popcorn!