Okay, okay, I know we’re going overboard with this kind of news about The Hobbit , but as a huge Lord of the Rings fan, why wouldn’t we want to share this news with all of you? Plus, it’s a very popular project and everyone wants to know about this kind of stuff anyway, so bear with us. Its been known for a while that The Hobbit would start shooting sometime in 2010 for a late 2011 release

Here is the original:
Filming on The Hobbit Delayed, But Still No Studio Greenlight