Well, I saw Lord of the Rings with my friends today and needless to say...it was a great film but NO Star Wars. What I mean by this is that at 2 hours and 58 minutes, you don't know when the movie is gonna end unless you check your watch. Not to say there were a lot of boring scenes or anything, there WEREN'T. But at least you know when The Phantom Menace and Return of the Jedi are gonna end because every SW film has a big battle sequence and a nice John Williams music number at the end. With Lord of the Rings, you get an action scene that you think is gonna mark the end of the film--but then you have several minutes of dialogue, then action again, then dialogue... LOTR doesn't look like it has the same ability to draw repeated viewing by the same moviegoers that the SW films did. ALSO, Rings has very few memorable dialogue (By now you can tell I'm an elitist SW fan, haha).
Also, I like the mythology that George Lucas created a lot better, although J.R.R. Tolkien definitely created an awesome universe for LOTR. But that's another thing, with Star Wars, you ALSO have magic (the Force), you have monsters, you have wierd-looking creatures, and you have cool villians that wear black cloaks (Darth Maul as opposed to the Ringwraiths). Yet, in Star Wars you also have SPACE TRAVEL (duhhh, STAR Wars)--which makes visualizing being in the universe that Lucas created more adventurous than the one Tolkien created. I find it much more exciting imagining myself being in a lone X-Wing starfighter flying through space than being in a small boat going down a river on a trip to Mt. Doom or whatever that volcano is called in Rings. But it's all good. LOTR was a well-down film (despite the fact the death of a major character had its impact diminished by the fact he was still alive and talking incessantly even with THREE ARROWS shot into him). I'd probably watch it one more time at the theater...then see it on DVD.