Lord of the Rings Remastered in 4K UHD is being released on December 1st of this year (2020). Peter Jackson oversaw the entire remaster
That is a video of Sean Astin (Samwise Gamgee) announcing it.
Legs must be numb at this point
RIP Ian Holm
Do that at least once a year
As a long time fan that does this a couple times a year, I agree that extended is the way to go, but there is something to be said for the theatrical release. I would say for initial viewings, the theatrical is the way to go. The extended have a lot of extra info, which I love, but can really bog down the experience for a first time viewer. Also some of the extra stuff does detract from the story, such as the bonus scene in the mines of Moria when Gandalf reminds everyone of the mithril shirt. Which heavily detracts from the fake Frodo death soon after. Overall I still only watch the extended, unless I am watching it with someone who has never seen them before, then I go theatrical.
Eyy I did this a couple weeks ago. Love these movies, and extended is the only way to watch them