Not sure what I think about this yet.
One one hand, it's great that he'll have time for other projects - hopefully he can finally get At the Mountains of Madness off the ground - but on the other hand, I pretty much just lost all interest in The Hobbit. Del Toro was the perfect man for that project, and even with him still co-writing the script I can't imagine it turning out nearly as well as if he was still behind the camera.
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"There is always some madness in love. But there is also always some reason in madness." - Friedrich Nietzsche
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