Just got back from the movie. I never saw the first one (it didn't look to great) but I did enjoy this one.
I also agree about the crappy one liners.
Here are some of my favorite parts:
I loved when the King Returned at the end of the film and I also enjoyed the battle where the Ents came in and saved the day, and then when Gandalf came out of the water and ate that guy...I was like WHOA! It was a good ending too, when they all got on the Hogwarts express to go to Hogwarts and then Harry Potter hit on Susan.
I still can't believe they dropped the whole "one ring" plotline