The story deals with the dwarf kingdom being attacked my a dragon and they are displaced from their homeland for years until a descendant of the king decides it is time to return to their kingdom and reclaim it. 13 dwarfs and a wizard recruit Bilbo Baggins to help them with their quest. You will see many LOTR characters that you are already familiar with in this movie including, Bilbo, Gollum, Gandalf, Elrond, Galadriel, and Saruman.
The only thing that really distracted me were such extreme special effects. I understand that computer generated effects are a necessity when you are making a fantasy movie, but some of the scenes, like the dwarfs running away from the Goblins, just seemed too busy and reminded me of a video game. I also thought it was incredibly convenient that despite experiencing multiple life threatening accidents, battles, and falls, none of the good guys ever got injured.
There is plenty of action and special effects during this nearly three hour production. I just wish I didn't have to get strung along for three years in order to finish the series, but I am looking forward to the second installment next year. I give The Hobbit 8.1 stars.