Haven't you people had enough of Lord Of The Rings? Three years in a row of hype for the movies and then DVD releases should be more than enough. I was looking forward to not having to hear about it anymore now that all the movies have come out and been released on DVD. Bah Humbug.
Actually with his buggy(er) eyes, scratchy voice and bizarre shape I think Gonzo should absolutely be Gollum.....the ring could even have a chicken emblazoned on it.
"Ohhh my precious....chicken!"
...then again if they included some Sesame Street characters I suppose Oscar The Grouch would be the perfect Gollum. Or perhaps a bald Elmo...
Hell if that was the case then Snufalufagus would be a fantastic oliphont!