yay!

New Line and Peter Jackson settled their lawsuit and have agreed to make The Hobbit and an apparent sequal. Im guessing they're going to split The Hobbit into two movies... I suppose they could make a movie about Gandalf and co. chasing out the Necromancer, aka Sauron, from Mirkwood which happens during the timeline of The Hobbit, but Tolkien didn't really give that much back-story. I'd much rather see something taken out of the Silmarillion :) More about Feanor and the rings would be cool. The return of the elves from Valinor, etc..