listening again to the osts, so good, Peter mentioned one of the main reasons he didnt want to do the hobbit was because they really caught lightning in a bottle for the lotr, and its true, the marriage of music, cast, performance, everything came together at the perfect time. Thats why im going to temper my expectation for the hobbit somewhat.
One thing's for sure, the score will be great. Howard hasn't lost his touch as evidenced by Hugo, but when he enters Middle-earth he reaches a whole different level of greatness. Some composers were just meant to score certain films and Howard is one of them.
The film will look exceptional, that's an area Peter and co just can't fail in.
Casting? Spot on. Freeman will make the role of Bilbo his own. Sorry Ian Holm.
The actual narrative. Well I don't think a director of his experience and Fran/Phillipa can get an already perfect story wrong, unless they make some very drastic changes.
There's obviously a lot that could go wrong/right and he has to bring it altogether in a coherent manner, but I still have faith in him even after his most recent output.
Speaking of casting, this is pretty interesting:
http://www.*******dninja.com/fun_facts/the-lord-of-the-rings-cast-that-never-was/
Daniel Day-Lewis or Russell Crowe as Aragorn.
Patrick Stewart as Gandalf or maybe Saruman is the character he had in mind.
Jake Gyllenhaal as Frodo.
And the two most surprising; Nic Cage/Vin Diesel as Aragorn. Well, Vin is a LOTR nut amongst other things.