Their "Lord of the Rings" version was not very good (only covered the last book and limited to 1.5 hours by TV studio; it just didn't work out), but "The Hobbit" is good. Followed the book; included the songs from the book. I prefer it to Peter Jackson's Hobbit trilogy.
Re: Rankin/Bass “The Hobbit”
It was a classic. Yes, it was cheesy, but I can still hear “The Greatest Adventure” play in my head from time to time.
It probably helps that I looked it up on the utoobz recently.
Classic stuff, though.