Third and fourth episodes worse than the first two. Thoughts in no particular order.
General note: I have seen people say that RoP needed more time to develop and that studio pressures to make it faster paced hurt the show. No, what RoP needed was less time and ideally fewer storylines. Desperately need an editor. This isn't a complaint about slow pacing. Slow pacing is fine. Inconsistent pacing, pacing that's alternatively slow and rushed, isn't fine.
Other general note: the show has a major problem with timelines, both in its internal narration and how it fits with Tolkien canon. There are a bunch of third age elements popping up (Kings of Men burying their dead in the Barrowdowns? What Kings of Men!), but there are internal problems too, especially the disconnect between Isildur and Numenor (was Isildur in suspended animation for the time it took for Elendil to go from Mordor to the coast and then for not-Brego to travel all that way back?) There's no sense of time or distance.
The spider fight at the beginning was fun! Nonsensical but very fun. Loved the gleaming spider eggs.
I like the evil Istar and his evil minions, even if the main minion dude stole his mask from General Grievous. I'm also really into the desert setting! Nice to see a place that's not New Zealand Aotearoa. (Middle-earth has more biomes!)
Some of the set design is very nice. Numenor's is so pretty and I liked Tom's house, especially the star map on the ceiling.
I hope they're going for a romance with Isildur and what's-her-name. It's shallow but cute. If we must have a dead mother, I like how it was drowning and not childbirth or illness, especially in Numenor (though why the angst, Isildur, isn't the sea is always right?) I was meh on a lot of that storyline, but Isildur's cute and so is his horsemance.
Things I didn't like or were neutral on:
A minor sin, but I cannot get over how bad makeup is and has consistently been from the beginning. This time it's Saubranatar and the blond elf OC: their foundation is not the same shade as their skin and goes horribly with the wigs (blond elf OC desperately needs some purple toner, very brassy). At least in Bombadil they finally found a character for whom blush overload is appropriate.
Reallllly not a fan of the prosthetics either, especially with the new hobbits.
Still hate the hobbit storyline and now I have more to hate with it, in Bombadil.
I kinda wonder if they've gone to the longer hair because of all the backlash to the short hair lol.
The hobbits are looking for the promised land of Suzat? First, wtf. Second, Westron the language will not exist for a couple thousand years!
Why is we're-not-saying-he's-Gandalf the only character who has been naked so far? More than once!
Is a shot of orc baby the reason people wrote articles about how rop added morally complexity and greyness? Lol.
The Numenorean storyline is incoherent and terminally stupid. I realize that last season didn't leave them a great foundation: still terminally stupid. Why didn't the eagle talk? I do think Pharazon in particular has potential, but he's way underdeveloped.
What the hell is Theo's vest thing? They've moved into a (ruined) settlement and have running water, they no longer need to muck farm! Also I would like if the evil helmet haired kid never comes back. Cannot express how little I care about him or his and Arondir's stepdad angst. He and Isildur sure are monster magnets though.
Speaking of monsters, it felt like an rpg where the DM kept rolling for random monster encounters. In two episodes, we got spiders, Sarlacc creature, Eagles, Ent and Entwife, angry person-eating tree, barrowwights, I'm sure I'm missing something. Just randomly take shit and throw it in, doesn't matter if it fits, fans like references! It's pandering filler that doesn't advance the storyline.
Can we stop it with the PJ movie callbacks? I'm resigned to never getting away from his aesthetics, but all the recreations of different shots. I guess they took the Barrowwight look from Pirates of the Caribbean and not PJ?
We know she's an Entwife and not an Ent because she has flowers.
Lmao that is so much metal to make a handful of rings and the mithril lump is tiny. Is it homeopathic mithril? And for a show named after Rings, they sure don't spend a lot of time on them.
I have very little good to say about Celebrimbor and that storyline but it's a character and place I'm deeply invested in so I'll leave that be. On a couple neutral notes, Charles Edwards' acting is better than last season (where I was very not impressed) and I'm curious what they'll do with Elrond's antipathy towards the Three, given that he'll later end up bearing one.
The end credits song at the end of episode 4 was hilariously incongruent.