It was *everything* it was hyped to be. There's a cool Gandalf move that I'm thinking I'm going to incorporate into a story at some point, and my friends have demanded Katze (my jihad character -- for those of you who don't know what the jihad is, it's a long complicated story) do Legolas-style bow fu at some point. But that's enough of that.
The best part was, of course, was the after-movie conversation.
<Luns> They had more WMDs than Iraq.
<me> And starring George "Frodo" Bush...
<Luns> So, that scene at the gates of Mordor, were those the weapons inspectors?
<me> And also starring Saddam "Sauron" Hussein...
<Luns> Well, they sure found 'em
<me> Sauron's been a very bad boy...
<Luns> And I didn't understand that part at the end with Frodo and the elves. Why were they so sad?
<me> Well, Frodo was leaving them.
<Luns> I thought they were just going on vacation
<me> No, the elves aren't coming back
<Luns> Sure they do, eventually.
<me> Yeah, the machines take over the world and they say, "Elrond Half-Elf, how would you like to be our security system..."
The short. I clapped, I cheered, I absolutely loved. And stay for the credits, they're just stunningly beautiful. :)