Peter Jackson Has An Update On 'The Hobbit' Script, What's Done, Who's Writing

Don't go getting all excited. The latest news on "The Hobbit" is essentially a progress report. And while progress is being made, those who wonder how Beorn will factor into the story, what Smaug will look like and what Gandalf's sub-plot will entail are going to have to keep waiting. On the other hand, fans will be pleased to learn that the writing of the scripts is going swimmingly.

Producer Peter Jackson said as much in an interview with UK site InTheNews (via "The Hobbit will be two movies and we've written the first script and delivered it to the studio who seem to be happy with it," he revealed. "We're now halfway through the second script and Philippa [Boyens], Fran [Walsh], Guillermo [del Toro] and myself are doing the scripts and having great fun."

It's good to hear Jackson, who directed the "Lord of the Rings" trilogy, mentioning del Toro's involvement in the writing process. The two filmmakers are stylistically similar in many ways, making their "Hobbit" pairing all the more exciting, but they've so infrequently addressed their process, it's easy to wonder who's involved with what.

"It's our job to support [del Toro] and to help him tell the story - and my favorite part of the process of filmmaking is the screenplay," Jackson explained. "That's the part that's the least pressured and most creative and it's fun."

Dumb question: are you excited for "The Hobbit"? Good to hear that the "Lord of the Rings" writing team is actually sitting down with del Toro as an active part of the process? What are your wishes, hopes and dreams for the two-part adaptation?