I've read a lot of critique about the multiple endings, but I don't see it. The ending feels perfect to me. The army of the dead could have been better realized, and I never liked CGI Legolas, but these are small issues in an otherwise immense achievement.
Watching the trilogy 15 years after its release, it is clear that it stands the test of time and truly is an epic milestone.
Online: Sunday, August 25, 2013
Updated: Monday, March 25, 2018 - Watched the trilogy again