Peter Jackson and New Line Cinema are enemies no more!!!
There will be TWO movies based on The Hobbit, to be released in 2010 and 2011!!
Oh the JOY!!!!
read about it here:
"...anything that Hobbits had no immediate use for, but were unwilling to throw away, they called a mathom. Their dwellings were apt to become rather crowded with mathoms, and many of the presents that passed from hand to hand were of that sort."