You should watch the extended version of number one. Certain parts of the Two Towers make a lot more sense in my opinion after watching it. Although I have both the theatrical and extended so I watched both after I saw the second movie. Hopefully they do an extended version of the two towers though. From what I have heard that the second book since it is the longest out of the three books in the trilogy, its actually twice as long as the movie. Many battles were also just skipped over, as some more stuff with frodo, sam, and gollum. So most likely the extended version should be another hour or more longer. Can't wait.
I would have to say above sauroman. Sauron is really awesome in fellowship when he is fighting off all those guys, just smashing them out of his way like they were figurines.
-Al the Vykker