Absolutely wonderful film!! I saw it in the higher frame rate, it felt like I was actually there. Nobody I spoke with after had any problems with headaches or motion sickness due to the higher quality of the picture. There are some sweeping scenes, so if you get carsick you may want to skip the 3D version.

As far as content, The Hobbit is vomit free. There are a few scenes that made me think there may be some (coughing, sputtering, wooziness, etc.) but there is absolutely no throwing up.

Enjoy!