I saw "The Hobbit" in 48 fps high rate 3D. Excellent technology, but the movie was not only boring at 2:50, it pissed me off because the end is a teaser. It likely won't tease me into watching a sequel.
You could arrive an hour late and not miss anything.
There is one part of the movie "My precious" that is outstanding. The Gollum Smeagol and his ring of invisibility. 10 minutes out of 2:50. Peter Jackson is in love with the HFR 3D cameras, so every pan has to include a fade out to a 3D landscape. I found it very annoying. If you watch this movie in 2D, I can't see it holding your attention.
Other people liked this movie, and it is a groundbreaking technology. But I thought it was like watching Jello harden. I think it should have been... let's watch this in 2D to make sure we had a movie. I don't think the HFR 3D could shine a turd. Another thing that annoyed me is the soundtrack. It's just so un-gifted.....
Maybe if you were stoned, but it would have to be some pretty good weed. 4/10.
The HFR 3D technology is "da chit" though. I'm looking forward to some more films using this technology. It's not a substitute for a movie. I left like I was watching a technology test.
So kids... you got 2:50 of a movie with 20 minutes of plot. Tolkien nerds will appreciate that the movie does follow the book with extreme accuracy. I'm not that sure it was a good translation to film. Man... where is JJ Abrams when you need him?