Lord of the Films Without a single cute kid or flying broom, the movie of J.R.R. Tolkien's fantasy comes to thrilling life

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A lowly hobbit, long content to live quietly with his own unremarkable kind in a remote corner of Middle Earth, is given an audacious challenge: return the Ring of Power to the fiery pit where it was forged and, against all the massed legions of evil, save the world. That was the task of Frodo Baggins in J.R.R. Tolkien's legendary and much-loved The Lord of the Rings.

Director Peter Jackson might have felt a bit Frodo-ish when he got the job of bringing Tolkien's trilogy to the screen. He has made most of his quirky little films (the deranged puppet farce Meet the Feebles, the zombie classic Braindead, the rapturous murder story Heavenly Creatures) in his native New Zealand. True to form, he shot this three-part, $300 million fantasy back home-and back-to-back-to-back. Shooting is complete on all three films, which will be released in consecutive Decembers, starting with this month's The Lord of the Rings: The Fellowship of the Ring. Now Jackson has to be ready for all sorts of comparisons: not just with the Tolkien originals, but with a certain other fantasy film franchise launched this year.

If Jackson ever fretted, he needn't have. Like Frodo, he should emerge triumphant, for The Fellowship of the Ring is a bigger, richer, way-better film than Harry Potter and the Philosopher's Stone. Jackson's work is not simply a sumptuous illustration of a favorite fable; though faithful in every detail to Tolkien, it has a vigorous life of its own. And it possesses a grandeur, a moral heft and emotional depth, that the Potter people never tried for.

Part of the difference between the films and their relative achievements derives from the source novels. Rowling's work is an intimate epic, a Tom Brown's School Days with some fabulous sleight-of-hand, and featuring a trim trio of central characters: the Magical Musketeers of English adolescence. Tolkien's is an Iliad, a vast tale of war, sprawling across Middle Earth in a metaphor for the Allies' battle against Hitler (in the book, the Dark Lord Sauron) or, for that matter, the U.S. alliance against Osama bin Laden's Taliban. Its cast of characters is huge, varied (humans, dwarves, elves, wraiths, Orcs, Ents) and adult.

The only childlike creatures are the Hobbits, short of stature and averse to responsibility. In this sense, Frodo and his pals Pippin and Sam, whose maturity is won in bitter trials, have echoes in Harry and his chums Hermione and Ron. But the Hobbits' journey has heartache at its core: they are like kids drafted into a holy, hellish war. And Frodo, as the Ring bearer, has what amounts to a suicide mission: the Ring both empowers and corrupts anyone who would have it.

So any apt adaptation of Lord of the Rings is bound to have a gravity, even a kind of dread, about the awful task at hand. Jackson's film has that gravity. But it is also a buoyant experience-an excellent film and a ripping yarn of a movie-because the characters are lively and engaging, and because the production team put such skill and joy into designing a movie Middle Earth. The landscapes, a cunning mixture of computer images and real New Zealand, bestow a distinct and beguiling personality on each realm: the elves' sylvan fairy land, the dwarves' dark Mines of Moria, the fabulous castle of chief wizard Saruman and, of course, the Hobbits' own Shire.

Think of the River Bank from The Wind in the Willows, but on the grandest scale, with dozens of Hobbit homes built into hillsides. The hutches have a sturdiness-part medieval, part Art Nouveau-that takes its style cues from the natural environment; lots of solid furniture, and hardly a right angle in sight. The Hobbits blend in, too. They are short, round-faced, curly-haired and hairy-footed, and the movie perfectly visualizes them. One of the film's small miracles is the persuasive integration of these meter-tall creatures into scenes with all the bigger people. It's done with forced perspective, back projection, clever intercutting and frequent doubling of the standard-size actors by small folks seen from behind.

It's said that, in movies, 90% of good acting is good casting. Every time a new actor shows up-Viggo Mortensen as Prince Aragon, Sean Bean as gruff, troubled Boromir, Cate Blanchett and Liv Tyler as two great ladies of the wood and lake-the viewer says, "Yes, he/she is just right." As Frodo, Elijah Wood uses his giant eyes to project a kind of haunted innocence. And Ian McKellen has a lovely time as the wizard Gandalf; he sparkles with wisdom, humor, sympathy and worry. Together they paint a living portrait of Middle Earth's many peoples and conflicting agendas.

A few caveats for parents: the film is never gross, but it's sometimes scary. At 2 hr. 58 min., it will test children's endurance and their bladders-but probably not their patience. (Besides, an informal poll of New Yorkers who'd seen the 2 hr. 32 min. Harry Potter film indicated that adults thought it slow and stodgy while kids complained that it wasn't long enough.) Fellowship may disappoint children because it lacks a conventionally satisfying resolution; the movie ends, as the first book does, on the cusp of a great adventure. Like Oliver Twist in the Workhouse, kids may be wailing, "Please, sir, I want some more" for the next 12 months.

But that is the seductive tease of great bedtime stories. Jackson's achievement is nearly at that level. His movie achieves what the best fairy tales do: the creation of an alternative world, plausible and persuasive, where the young-and not only the young-can lose themselves. And perhaps, in identifying with the little Hobbit that could, find their better selves.