Well I'm not going to be some apologist for a studio here, especially when I haven't seen it in proper yet. Like I've said, just not seeing the travesty in caps that some are making it out to be.
Is it a noticable upgrade over DVD?
Is there visible grain?
Is there excessive EE or DNR throughout?
Does it look like film on my TV?
These are my general criteria, and I'll wait and see when I get it to judge that.
But what are people going to do? Wait until the Extended Editions come out in 2 years - what if they look the same? Wait another 3-5 years for another edition? Watch the DVDs until then, yeah right...I have Wizard of Oz, The Seventh Seal, Blade Runner -those are gorgeous. This LOTR set may not be the show-stopper those are, but it'll still fit nicely enough in my HD collection for now, I think.