It was good. It made me kind of tear up in the beginning when we saw Bilbo, Frodo, and the shire, and heard that familiar score begin to play. Mainly because I recall going to see the LotR films at a time when my life was completely different than it is now, when I was living in a completely different place, and seeing them with friends I haven't talked to in years. It made me nostalgic in a way that I can't say I really experienced with any movie before.
I saw it in 3D, in the high frame rate. It looked spectacular and all, and the 3D was pretty flawless. I can't say I'm sure I'm sold on it though. Something about seeing a film on the big screen at more than 24fps just felt...wrong. It really made the movie look more like a video game than a movie at parts, in fact.
But yes, Gandalf was great, and Gollum was absolutely fantastic, the highlight of the film, dare I say. Some of the dwarfs were pretty sexy to boot. Man, that sounds so wrong.