Things I liked:
- The Balrog: Most amazing CGI creature I've ever seen. Absolutely the most terrifying thing you could possibly meet in the depths of Moria.
- The Black Riders: Looked really cool, especially in groups. I didn't much care for their shrieking, but when you think about it, a loud shriek inspires more immediate fear than some low, whispering moan.
- Legolas' Archery: Right on! Especially the part where he fires three arrows in rapid succession.
- The Eye: Perfect!
- Mount Doom: I *love* the view of Mount Doom erupting and billowing black smoke. Especially during the narrative intro where it's shown only for a brief moment when it's mentioned ("...in the fires of Mount Doom...")
- Gandalf, Bilbo, Boromir: Fantastic performances. I still love the other characters, but I found these three had the most impact when they spoke on the screen:
Gandalf: "Bilbo Baggins! Do not take me for a conjurer of cheap tricks! I'm not trying to rob you!"
Bilbo: "In an envelope. There on the mantelpiece... Wait, no. Here it is in my pocket. Isn't that odd now? Yet, after all. Why not? Why shouldn't I keep it?"
Boromir: "It's a strange fate that we suffer so much fear and doubt over so small a thing. Such a little thing..."
- Gandalf's ride into Hobbiton, especially when the little Hobbit children come running up to the road beggin Gandalf to come play with them, then they're so disappointed when he simply ignores them...until the little firework display.
- The main theme, plus the theme that starts after they first see the light coming off of the Balrog until the stairs collapse.
- Galadriel Flipping Out: Yikes!
- Pretty much every fighting sequence.
- The entire opening narrative, come to think of it. Fantastically done (if a bit incorrect, storywise).
You know what? It's probably easier to think of the things I didn't like. There's just too much that I *did* like!