"It is a good film, but so much is lacking. And Frodo always seems so so queer."
I agree Jackson changed some of the fundamentals of the story and not for the better. Case in point is the character of Frodo who challenges, battles and bests some of the greatest in the book only to fall at the end while the movie has him as a victim and failure nearly from the start.
The story unravels when they strayed too far from the books and it's my guess that a new director would do the same but with worse results.
I don't see the movies as depicting Frodo as a victim or a failure. He stood strong against the alluring power of the ring, and he succeeded in throwing it into the fire even in the face of Gollum's final attempt. Frodo was the perfect symbol of strength foiling the desperate, conniving acts perpetrated by the perfect symbol of weakness, Gollum.