Every year, at least once a year, I read the The Hobbit and Tolkien's trilogy. I've been doing this for about ten years now and still get something new out of them when I'm reading. Sometimes it's a general realisation of patterns and concepts, but often I simply read more thoroughly or with greater attention a passage that I'd previously skimmed or read fleetingly. I also find that different aspects of the book are appealing or repugnant to me at different times.
Since the movie came out, I find myself less interested in the travels of Sam and Frodo with Gollum. While Andy Serkis was undoubtedly sensational and the CGI was amazing, I find that Gollum is now more tedious to me than he ever was before and Frodo seems, well, shallower. Elijah Wood just didn't carry it off for me and the scripting for the section approaching Cirith Ungol, in which Frodo breaks from Sam, was just wrong.
It's funny, though, how the movie coloured my reading of the books. For the most part, I found that the scenery fit beautifully with my vision of Middle Earth. I wasn't too upset by the fact that they cut certain bit here and there, like Bombadil and Farmer Maggot's mushroom meal. One of the things that I noticed last night, as I was finishing up the Return of the King and its appendices (yes, I read the appendices) was that I was taking great delight in the Scouring of the Shire and the appendices telling what happened to whom after all was said and done.
They left the scouring of the Shire out of the movie and this, to my mind, was perhaps the one unforgivable cut. The whole point of the four Hobbits going on the "Mission. Quest. Thing." (to quote Pippin in the movie) was to both give them a place in the wider world and to train them to reclaim the Shire for their people. Pippin and Merry just fizzle away at the end and Sam never gets to use Galadriel's gift. This was, in fact, the most important gift of them all, as it looked beyond the quest and danger into a hope of the future and what they were actually fighting for. I can cut Peter Jackson a lot of slack, but chopping out Sam's gift almost ruined the series for me.
I'm always a little sad when I finish up the series, not because of the ending of the book but because it's done for another little while and I have to find something else to read before bed. That's the one thing about nice long books; they eliminate the need to find other reading material for a period.