The Hobbit has been greenlit!!!

[samslave]

SO HAPPY PETER IS GOING TO DIRECT THE HOBBIT!!! NOONE COULD DO IT BETTER!!!!
http://www.theonering.net/torwp/2010/10/15/39138-press-release-from-new-linewarner-bros-oscar-winner-peter-jackson-to-direct-%E2%80%9Cthe-hobbit%E2%80%9D-in-two-installments/