I thought the Fellowship figures were pretty dismal, actually. Poor articulation, pre-posed, lacked accessories... By line's end they were cranking out stuff that just floored you though, ultimately. That last Boromir for instance, Faramir, Gondorian Warrior, the last couple Aragorn/Strider figures... They did some doozies. The scale's just so meh though, when horses/mounts are important, big characters like Trolls and Balrogs, or dragons...
Lego has such a home run on their hands. Can you imagine working there, on this line, right now? You've got a license to print money.