I had some serious issues with the presentation I saw as well. (And it's my literally my job to be fussy.)
1) Numerous complete sound drop outs.
2) Likewise, the theatre I was in had something wrong with it's front right channel as well. (Though it sounded more like a surround channel than a main channel. It got all rattly/staticky during peak sounds - particularly when the score swelled.)
3) At least half a dozen really bad splices in the picture.
4) Lastly, not sure if it was a bad edit, or if they had damaged the print and had to snip out the damaged area, but when Frodo starts running up Mount Doom to toss the ring, Samwise is at the bottom and yells up to him. The next cut, they're both in the mountain. Very abrubt. Didn't seem right. I suspect it was a piece of damaged film that was cut out. ???
With all of that, this was still the most enjoyable movie experience I've had in a long, long time!
