I think another thing people need to remember is - DVD and film are two different mediums, and as such are treated differently in many cases. Especially with these films. With tons of extras and added footage, these are meant to be enjoyed at your leisure, quite unlike a theater experience where you sit down at 1:00 and the film ends at 3:00. (Or whenever.) When Peter Jackson went about editing these extended editions together, he wasn't (obviously) held to the same kind of constraints he was when editing the theatricals together, in terms of pairing them down to a specific length. My point is, of course there's going to be a difference with the various versions and how they "flow." They simply weren't constructed with the same mind set. But there's nothing wrong with either version. It's OK to like the theatricals more, and it's certainly ok to prefer the extended editions. One is easily viewed in one sitting while the other isn't for many, other than the LOTR faithful. Although I'm sure there are exceptions to either rule.