I don't think it's a matter of what kind of production this musical will be, operetta or shnazzy shnit. You've got this epic tale crossing an entirely made up country of Arthurian legend with dragons, dwarves, Nazgul, and the all-seeing eye of Sauron, among many other things. The damage done to Tolkein's story by Peter Jackson still boils my blood, and i can't think about it with out clenching my teeth in rage.
So it's not worrying about making a 'Spamalot'-esque show, it's the thought of trying to cram an entire world, and entire life's work into three hours that causes Tolkein fans worry. We saw our beloved trilogy ripped apart and molded into something horrible and foreign, and fear another monstrosity.
I watched the clip of the production so far that was available on some Canadian site. While some things looked amazing, i still worry and wonder. 'Lord of the Rings' was a big part of my childhood, having it read to me, and finally being old enough to read it myself. I just have very little faith that such a tale can successfully be translated to the stage.
Still, we'll see.
"Umm...A1 is a steak sauce."