I'm surprised this topic hasn't been made already but on Friday I went and saw The Hobbit in HFR & 3D and personally thought it was awesome. I know a lot of people were opposed to HFR (which, if you don't know by now, means it is shown in 48fps rather than standard 24) as it caused a 'soap-opera' effect and was 'too realistic'. I can see what they were saying and this must have been hard to overcome in the making as it's a very fantasy-heavy film (obviously). The first few minutes for me I felt as if everything was being show in fast forward and it did seem a bit too realistic, however soon this effect wore off and when it did boy did the film look great. Everything seemed EXTREMELY smooth and Peter Jackson managed to include some sweeping shots that would have been impossible in 24fps. The main difference though was in the CGI - viewing this in 48fps the CGI has now finally reached a point in film where it looks INCREDIBLE. The level of detail and realism in movements makes it impossible to notice that what you're watching isn't actually there. If you haven't seen the film yet it's a must-see, especially if you loved the book (and even if not it's worth watching simply for the incredible 48fps). It sticks very closely with the book however there are some parts added in that I assume are to help with the third film which I've heard is going to be mainly made up to fit between The Hobbit and tLotR.