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And Bilbo? Freeman’s doughty little guy comes into his own in this installment, especially once the film lumbers into its third hour. The ring gives Bilbo courage and invisibility even as it sucks at his soul, and if the actor often looks impatient with the computer-generated folderol around him — the fantasy-action bigness so fanatically detailed yet so lacking in warmth or human imagination — that somehow only helps his character. In the climactic scenes inside the mountain, the tiny Bilbo goes head to head with Smaug, whose ego is as immense as his wingspan and whose mellifluous, bottom-heavy voice sidles and sneers in the tones of Benedict Cumberbatch.