As a HUGE fan of Lord of The Rings I have some mixed feelings about this movie and this Trilogy in general.
The movie has its positive points (many of them), the best part of this Trilogy is without a doubt Martin Freeman, his acting is flawless and he owns the character of Bilbo, his comedic timing and his dramatic bits are all perfect and he made the (Riddles in The Dark) scene everything I wanted!
All the other actors are great (Gandalf is amazing of course), the soundtrack is beautiful, the visuals are beautiful and I wasn't surprised since this IS made by Peter Jackson and we all saw LOTR!
But as I said this movie also has many negatives, first of all the RUNTIME, 2hr and 49 minutes is just too long! everything is just slow and gets kind of repetitive, and they had to add way too many pointless filler just to make it long, Radagast is useless (some people call him Jar Jar Binks and I kind of agree), the Azog plotline is one of the things that I absolutely disliked throughout this entire Trilogy, CGI orcs and goblins were just not scary enough (I loved orcs in LOTR when it was all makeup and they actually looked scary and real).
I guess I could talk for hours about this movie, but these were the most important things that I just HAD to mention.