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Ah-hah, I didn't realize it was going to be split into two parts, but that being the case, you're probably right.

While I'm disappointed we won't get to see Smaug early on, I have to say......

Sucks that they completely left Smaug out of the trailer, but either way I'm super hyped for this movie.

Still though, a year to wait? Sigh. Was hoping it'd be coming out in the summer.