And All of Geekdom Rejoiced

Peter Jackson, who had previously backed out of directing any LOTR prequels because of a lawsuit with New Line, appears to have forgiven all, and now has agreed to produce it. I'm crossing my fingers that he signs on to direct as well. Read the full story here: http://www.theonering.net/torwp/2007/12/18/28150-peter-jackson-and-new-line-cinema-join-with-mgm-to-produce-%e2%80%9cthe-hobbit%e2%80%9d/