schneeland
Hero
Yeah, those could potentially be good movies. It'll take someone with "attunement" to the source material and the will to not pad out the material longer than it should be, but then it could be really good.If they can get the rights to Tolkien's other writings, especially his "great tales" (Children of Hurin, Beren and Luthien, the Fall of Gondolin), there are some good movies to be made. If they can't, and they're stuck respinning the same 50 pages of the LotR appendices endlessly, then it would be better just to leave it alone.
I would probably also take a new animated version of the original story if they wanted to do that.