Thanks to The Thinklings for pointing this out. The trailer looks pretty impressive for a fan film, and Aragorn and Gandalf are pretty good facsimiles too. It’s amazing what a dedicated group of fans can bring to life.
I just heard of this – evidently there is an extremely low budget yet (by the looks of the trailer) good quality film coming out in May called The Hunt for Gollum. It’s made by fans of the Lord of the Rings, for fans, and will be available online and for free. I think it’s going to be about 45 minutes long.
For my fellow LOTR geeks: this film will recount Aragorn’s hunt for Gollum that occurred between the Long Expected Party and the Shadow of the Past (events highly time-compressed in Peter Jackson’s films).