The Hunt for Gollum is a 40-minute fan-made film that is available for free online viewing. The film was made through open collaboration of enthusiastic fans working under the leadership of director Chris Bouchard. I’ve just finished watching it and can report that it is a wonderful success that tells its story with the perfect touch of mystery, action, and romance. It captures the look of the Peter Jackson trilogy expertly and incorporates highly professional costuming, makeup, photography, script writing, and acting. I think the producers of the LOTR trilogy should include this film when they release the eventual DVD of the upcoming film of The Hobbit. Perhaps this is the best fan film ever made. It probably is. I have not seen all the available fan films, but it is difficult to imagine that anyone has made a better one. Watch the film and then think about the fact that it was made for under $5,000.
I would agree that I have seen no better Lord of the Rings fan film. But there are other fan films available of equal quality. I recommend in particular “World Enough and Time” from Star Trek Phase II.