This was the Hobbit of my dreams, plus many things I could not have dreamed. The movie a beautiful and breathtaking journey through Middle-Earth. It often follows the book verbatim, but then varies a bit in all good ways. I enjoyed the back stories and fleshing out of the characters.
Martin Freeman is perfect as Bilbo Baggins. Unsure and brave. Selfish and selfless. Bumbling and adept. When reading the book, I could never get a clear picture of each dwarf. They seemed mostly an indistinguishably group. The movie turns them into individuals. No one more so than Thorin Oakenshield.
Richard Armitage as Thorin steals the show. He fills the screen with Thorin's stalwart determination and courage. Thorin bears the weight of the past and his people's future like a mantle on his large shoulders. He is leader, classic hero and even king. The kind that inspire men (or dwarves, hobbits and wizards) to go into battle under the most unfavorable odds and believe in victory.
One of the poignant moments in the film is when he and the dwarf cast sing of the Misty Mountains. It is beautiful, low and primal.
I was not happy when I heard they were splitting the Hobbit into three movies, but after seeing this movie, I am glad they did, because I do not want to miss a single detail, image or tidbit of the story told on screen.
Pros well paced, great story, great actors, gorgeous