I honestly understand what you are getting at. That said, three films still seems bloated.
Let me tell you this:
My mother read the Hobbit
when us kids were younger. She enjoyed the break from reality and would find herself lost in the book - during the short times us kids were napping. A few years ago when this project was being bandied about in the Hollywood news bits, she was eager to see it
, and eager to know that the people behind the Lord of the Ring
s films were making it.
When I told her it was three films
, she was actually upset
and didn't want to see it anymmore. She thought it was ridiculous. Honestly, I think her view might be shared by the "non-nerd, non fanboy" type who just wants to go and see the Hobbit put on screen, something where thse people can pay their ticket and get a complete story.
The point is that, while you are correct in what you are saying, you are also missing the point
. I don't know if the whole three-film thing has even sunk in for the casual Hobbit fans
, but it will eventually, and, when it does, this group of people (these casual fans generally familiar with the Hobbit story but uninterested in the actual production-aspects of Hollywood films) will, at best, be scratching their heads - not bubbling with enthusiasm, and, at worst, they'll see it for what it may be, a safe money-grab on the part of Jackson.