From Meandering-Blog.com:
Great news - They are doing the Hobbit!!!!!!!
Lord of the Rings' Director Peter Jackson is planning to film 'The Hobbit,' according to this Associated Press article. Jackson, who is currently filming 'King Kong', is waiting for New Line and MGM, the two studios with rights to the film, to battle it out for rights to make the prequel. Jackson also mentions wanting the movie to feel just like the LOTR trilogy, including having Ian McKellen return as Gandalf.
Having seen the LOTR trilogy, the only thing I really wanted to see whas the Hobbit done by the same people. I absolutly cannot wait to see what WETA (The special affects house that did the LOTR rings films and did the outstanding Gollum character) does with the dragon Smaug.