At least, if you’re someone like me. Peter Jackson made this movie for people like me, because at this point in his career he can. My wife felt that it could have been cut down about a half hour – which is true, but IRRELEVANT – but she did appreciate that Peter put in a nice five minute walking sequence in the middle so that she could run to the bathroom and not miss anything. I didn’t see it in 3D (or whatever the format is), and I don’t really care whether I do or not; so I can’t attest to the technical issues that some people were having with that version of the film. Also: Andy Serkis is in fact ‘stuck’ with being remembered primarily for his role as Gollum. He would probably be touched by your commiseration, if only he could hear it over the sound of all that MONEY.
All in all, no worries.
PS: Shockingly, there is a moment in this flick that reminded me powerfully of, of all things, Mass Effect. Trust me: if you’ve played the original, you’ll know it when you see it.