The visual effects are, as many have said, unbelievably good. Some of the quieter scenes were some of the best IMO as you can really see and appreciate the details. The story itself wasn't anything special - it was fine, and it kept my attention but I'm not sure it's as good as some have made it out to be. It's a little bit predictable in some ways and quite a lot like Lord of the Rings in others. In any case, it's a definite must-see, just for the effects...