Hoping for Hobbit not vomit

It took over a year to get all the litigation issues worked out, but Peter Jackson and Fran Walsh are again associated with Tolkien's, 'The Hobbit'...except he's not directing it would seem. He's in the Producer's seat...hmmm. This movie could very well sucketh...having Steven Spielberg produce this year's 'Transformers' helmed by Michael Bay's just barely made it better than his earlier flotsam, 'Pearl Harbor'.

Who knows. It could not suck. I'm betting on the Jackson for making it happen. Maybe they want him in the producer's seat since he made all three of the Lord of the Rings films in concurrent production, thereby saving buttloads of scrill. Who's going to direct? Hmm...there were some rumors that Sam Raimi would take the reigns. Could be good. Could be. Then again, it could stink like that pile of vomit I saw in the BART station last night.