Peter Jackson is directing The Hobbit!

Seven years of denial, and we're finally back to the chosen man for the job of directing The Hobbit, Peter Jackson. I'm really glad that he's the man to bring us the final journey into Middle Earth, but I also wish he realized that it had to be him sooner. It feels like more than just chance that Guillermo Del Toro suddenly pulled out of the film at the last minute. That despite his attempts to find a suitable replacement, Jackson decided to take up the job himself. It just feels like some sort of miracle.

However, I do have reservations on how good the film will be, seeing as Jackson's last film was a critical and commercial failure. Maybe it will be good for Jackson to get back to what he knows best, and what made him the Oscar winning director he is today. I hold my own reservations and fears about this announcement, seeing as MGM is still up to its torso in financial hell. The film still may very well never happen, but we're a little closer to possibility that it might. Are you glad that Jackson is the man who will lead us on our final journey into Middle Earth? If not, who would you have rather had take up command of the project. What do you think of the long journey we've taken to get to this point? Will it be worth it if the film finally comes to existence?