I started reading FOTR when I heard the movies were being made. Unfortunately exams got in the way and I read them when all three movies had been released. Even though I knew what was going to happen it was so enjoyable reading them. A few years ago I had a few problems in my family and escaping into Tolkien's world for a little while kept me sane.
Favorite Tolkien character:
My favourite character is Tom Bombadil. He is just such a deep, funny and mysterious character.