Re: The Hobbit: An Unexpected Journey - Grading & Discussion (Spoilers
Regardless of how long these films are or how many they are, the first mistake in the film is that it begins with a lengthy prologue. Fine for the the LotR films, and that prologue was carefully written to only lightly touch on historical events while remianing true to one factor: the POV in that prologue is the Ring's. This was a great movie for a number of reasons.
I believe that Hobbit needed no such prologue. Begin with "A hole in the ground there lived a hobbit" and have Bilbo learn much of that back story from Thorin and Gandalf.
See, the problem is that you are using your cards to show me what cards you have, and if you can't see that this is viciously circular, then there is no point in continuing