Remember the old days when Peter Jackson‘s The Hobbit was seen as an historic double whammy? As the first of two Hobbit features plus an occasion for the first-ever projection of a mainstream film at 48 frames per second? Now The Hobbit is a three-parter (a shameful cash grab) and Warner Bros. seems committed to playing down the 48 fps aspect, or at least to keeping it at arm’s length. They’ve been running from this technology like scared rabbits since last April’s presentation of 48 fps Hobbit footage at Cinemacon.