Yes! Oh yes, fans, it's true. Using The Hobbit novel, as well as material from the appendices (history in between The Hobbit and The Fellowship of the Ring, I believe), Peter Jackson and crew shall be making not two, but three Hobbit films.
I, for one, am all for it. At first, I thought this was a rather bad move, since it seemed like a ploy to make more money. Upon thinking it over again, however, I am very eager to see how they bring un-novelized history from Middle-Earth to life.
So. Whaddya think? Think it should have been just one movie? Two? How do you feel about the material they will be potentially using?
Speak up in the comments! And give the article above a quick look-see, too, there's a bit more information to be gleaned there.