I dont like that they are utilizing so much of the Peter Jackson motifs and designs, and of course the things I hear about "updating it for modern audiences" unnerves me. Let me put it this way. Those who are Catholic will understand. Tolkien was known to loudly pray in latin when everyone else was praying in english after vatican 2. He had serious strife with his dear friend C.S. Lewis marrying a divorcee. He was already an anachronism of his own time. Imagine what he would think of this new abomination.
Funny. I remember reading all the history of middle earth and other books that were scraped together by Christopher Tolkien. I thought he did well but I never liked the guy, and felt he was too stern in dealing with his siblings, etc. Now I miss Christopher and now I see what a tragedy it is after he has died.