I hope that Jackson just says the hell with it and takes up the reigns himself. I think that part of the reason that he doesn't/didn't tho is because people will always compare "The Hobbit" to the other three and thats practically an un-winnable battle. I have no idea, but maybe the guy has a bit of an ego and he doesn't want anything tarnished or compared. Look at what happened to Lucas.
Maybe theres a bunch of other reasons involved to why he doesn't want to do it, but I've always wondered why wouldn't he as well...
Maybe someone else can shed some light on the subject as I'll admit I haven't been following it all that close over the years.



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