I was sorta hoping he had a "skunk works" Hobbit project secretly going on for all the years they were making LOTR. But I guess not. I hope all the roadblocks vanish quickly.
And if PJ wants to redo LOTR again, all he has to do is fill in all the stuff left out, like Tom Bombadil and the Scouring, etc. I can dig a 48-hour epic, and would pay the $$$ for direct-to-DVD sales, since it would be rough to show in a theater.
Please let me know when the video clip of Moore getting squished is available. Although I could think of worse endings for that POS than squishing.
Worst torture I could think of for him would be Tantalus' fate: an eternity of having food just out of reach :)