I very much enjoyed the Peter Jackson movies and am glad I saw them in the theatre, the way they were meant to be seen, but I find I am growing more and more distant from them. Unlike some other films (and tv shows), they're not something I want to see again and again, and unlike many other fans, I haven't seen the extended versions, nor do I wish to. I think Jackson perhaps made the best possible film versions of Tolkien's epic possible, but I would tend to agree that Tolkien's real strengths and riches are impossible to translate to the screen.
And another thing...