Back when An Unexpected Journey came out to mixed reviews, its defenders were keen to point out that it was merely the first in a three-part story and you couldn't condemn The Hobbit until it was over. After all, people didn't judge the whole The Lord Of The Rings trilogy on The Fellowship Of The Ring, did they? Well, yes they did - the first film was nominated for thirteen Oscars, including Best Picture - but humouring them people patiently waited to see how things transpired. Now, with the whole thing complete, it's totally acceptable to pass judgement. And boy were people right the first time around - The Hobbit is a bloated mess. Sure, there's the kernel of a good idea in there, but through a string of terrible production decisions it's lost in a greed that makes dragon sickness look like the flu. With his Star Wars prequels George Lucas failed to recapture the magic of the originals, but Peter Jackson went one worse with The Hobbit; he actively tried to copy his own previous work and failed embarrassingly. That's right - The Hobbit is worse than The Phantom Menace. And here are the ten biggest reasons why.