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Warner Bros/WingNut Films have unveiled the new trailer for Peter Jackson's The Hobbit: An Unexpected Journey, the beginning of Bilbo's three-part adventure into Middle Earth. Martin Freeman plays Bilbo Baggins, and is joined by the company of dwarves, lead by Richard Armitage as Thorin Oakenshield. Of course, Sir Ian McKellen is back as Gandalf, and there's glimpses of Cate Blanchett, Hugo Weaving and even Sylvester McCoy as Radagast the Brown. This is a much more magnificent and, honestly, more exciting improvement over the first trailer, which I enjoyed, but I think Jackson is settling into the story and getting ready to bring us another spectacular fantasy epic.