I like it a lot, at first I was a bit put off by the CGI (not Smaug incidentally, all the unnecessary CGI orcs and elves) but having watched it a few times it doesn't trouble me that much. I'm sure all the CGI will look much better in the finished film and when viewed in the context of longer scenes/shots. It's all the in your face shots being thrown at you at the same time that really draw attention to it.
I love the look of the landscapes, Mirkwood, Laketown, Thranduil's Hall and Dale all look gorgeous, Thranduil gave some really good narration and I like what we see of Leggy and Tauriel (who doesn't remind me of Lost's Kate TBH, I think it's been off screen long enough).
The trailer did strike me as coming from an odd perspective, no lines for Bilbo or Thorin and one from Gandalf in favour of lots of dialogue from elves seemed like an odd choice, made it harder to connect with the first film.
I like that they've expanded the barrel sequence and, as unpractical as it is, having them sticking their heads out makes sense - can you imagine how visually exciting it would be seeing 13 sealed barrels float down a river for 10 minutes?
Looks to me like the elves chase after them as they escape and are then attacked by Azog, eventually leading to the scene with Leggy and Tauriel at the 'edge of their realm' as the barrels escape into the Long Lake (you can see Laketown in the background).
As for Azog, I don't really see the problem, after all, if we're taking the Hobbit as the true source material then we don't know that he's dead and he could well be alive and kicking during the time of the Hobbit.
Also intrigued that the elves look quite like Warhammer Glade Guard at this stage, they should make for some awesome minis.
EDIT: Just seen there is one line in the BOFA about Dain killing Azog, ah well, it still doesn't bother me, change is fine, I'd happily exchange the talking purse and dogs laying the table for keeping an orc alive
All in all I think there's a lot to like, nice to get excited about the next movie and hopefully it marks the start of 6 months of speculation
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