For we happy few who know Tolkien's works too well, no film adaptation will ever replace the imagination and the purity of the text. From an audio perspective, there have been produced two dramatized versions, and the unabridged recording.
Peter Jackson is out for a major cash grab and to make more cinematic history with his overblown treatment of the material. Jackson is like unto Gollum, and will end up the same way, give or take an orc or two. :gandalf: