Very clever 60s dramatization of Tolkien's "Hobbit". The production sensibility is really good fun, with a smart use of improv to give the impression of bustle, plenty of commitment from the actors, and the right 'feel' for this story's combination of northern adventurousness with common-sense bagginsitude.
Special recommend for David Cain's excellent music. If Solage had a holiday home in Greenland, this would be what he composed there.
Only slightly sour note for me is Heron Carvic's Gandalf, who's played in a way that could school Carroll's Humpty Dumpty in smugness. (I remember listening to this with a friend who loved Hordern as Gandalf; at the first sound of Carvic -- "I am Gund-ULLV..." -- he burst out, "No you're not!") But you get used to him, and Thorin Oakenshield, played by a great actor, John Justin, who also played Han Pritcher in the BBC's "Foundation Trilogy" adaptation, more than makes up for him with his vigorous hauteur and bombast.
Great fun to curl up with, this. If for no other reason, get it to hear that immortally bitchy Elf-king line: "Bilbo Baggins, you are more worthy to wear that coat of mail than many who have looked more comely in it."