I've owned this Blu-ray since last summer but I just got my extended edition Blu-ray, and after watching Fellowship on it, I can safely say the transfer on this edition is terrible! Colours look flat, skin colour looks grey and the whole picture suffers from noise throughout. The other two films look and soud great and are demo quality, but if you want a real HD transfer of FOTR splash out the extra cash for the Extended edition.
I promise. You won't regret it!
Finally I bought my 3D blue-ray player in Dec 2010 after waiting many years ............................after seeing this at the cinema I have also resisted buying the ordinary dvd set of this film,waiting for the Blue-ray...................& guess I can still wait 3 or more years for for the Blue-ray extended version.I have had it with instant gratification,delayed is more sweet & cheaper!