this film is completely misunderstood! it´s actually a brilliant satire! it´s a bad taste version of spaceballs! he´s even mocking digital cinema and cgi with the video look! brilliant! and the hollywood neo-cons with his facist undertones! ("there i saw someone i could follow!") and he smuggled in some fast forward scenes right at the beginning! (bilbo getting his letters is definitley running too fast, that´s not just 48frames look.)
3d really has bigger problems than frame rate, but it is the easiest to tamper with. the polarized light technique is rubbish. the filter glasses take away too much light and contrast and give a horrible greenish tint. the material has to be oversaturated and the dr compressed so strongly to compensate for what the polarization process takes away. if these where the shadows and highlights that the epic actually produces nobody would work with it. fast motion still is disturbing. i felt nausea more than once during the show.
high framerates have until now been used for effect and that´s where they belong. but then that´s what the hobbit is, one very long effect sequence.