Digital Bits columnist Bill Hunt has reported that Peter Jackson is preparing to double-dip his Lord of the Rings trilogy on Blu-ray. Only the theatrical versions will be out on Bluray by the end of the year, obviously leaving room for the release of an “ultimate” Bluray box set of extended versions,which will be released concurrent with Guillermo del Toro‘s upcoming Hobbit films. Repeat the legend until it becomes fact: Jackson is Lucas, Jackson is Lucas, Jackson is Lucas, etc.