So, just reread the Hobbit.
I have to say, as a prequel to the original trilogy, fine, the movies are OK (though they really aren't on the same level). As the movie version of the Hobbit, they absolutely suck monkey balls. The tone is way off, the way of speaking, the way the world is perceived and presented....No. Insofar as you watch the movies without thinking of the book, they're commercial fodder made to milk the fans of the LotR trilogy, and they work, somewhat. But frankly, calling them "The Hobbit" is ridiculous.