Hmmm, I wonder if Jackson will add more footage. If he is only editing the post-production visual effects he might not need to resubmit to the MPAA.
If he is only editing the post-production visual effects he might not need to resubmit to the MPAA. WETA has their wrap party a few weeks ago, so the SFX are finished. My guess is that Jackson is extending the length of the movie after a last minute change of heart.