Kattus: When dvd/Bluray of Battle of five armies is released it would be interesting if someone edits 2-3 hour version which contains whole story. It would be interesting to see if it works that way.
It wouldn't. Oh, the book could easly be made into a single movie two, maybe two and a half hour long. But those movies are impossible to salvage. The desolation of Smaug does not work at all, neither as a second part of the first movie, nor as an adaptation of the source material. I don't think it's possible to cut any serviceable material out of it.
I just hope that eventually a new movie will be made. Already, and I am surprised to say it, but the animated movie from 1997 is closer to the source material, despite the elves and Smaug looking ridiculous.
Damn, right now I would be more excited about this feature lenght fan film made by school children
https://www.youtube.com/watch?v=KMPQ-msBRO8 being released in full on the internet, then about the Battle of the Five Armies, or any other version of Jackson's trilogy. I wish del Toro directed the whole thing. Perhaps it would have turned out better. And I am not a Peter Jackson hater, I loved the LotR movies, despite some flaws, of which I was actually rather forgiving.