Deadline Hollywood usually has pretty accurate scoops, and their latest report (linked in the first post of this thread) still says that Martin Freeman will "soon be set to play Bilbo", so if you like the idea of Freeman in the role, don't give up hope yet. I'm not familiar with him, but just looking at his picture, he has a certain hobbit-like quality.
Regarding 3D, I reckon I can understand the fear about randomly poking things at the camera/audience. I guess I wouldn't put anything past PJ, who has shown a willingness to try almost anything for a gag. We'll have to wait and see. It will be interesting to see how Jackson has matured as a director in the interim.
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