He'll get my $8.75.

Although just last week there were rumors to the contrary*, now we're hearing that Peter Jackson will be directing the film version of The Hobbit, although the film won't be made by New Line. Considering what a great job he did with the worthy-but-boring-as-dirt Lord of the Rings trilogy, I am eager to see what Mr. Jackson can do with a story that's actually halfway entertaining.

*It seems that New Line told Jackson that he was "no longer necessary". While this is probably true, profit-wise (the goodwill generated by Jackson's three earlier films guarantees that people would go to this one), it doesn't cast them in a very generous light. [Source]