There is a 7-second cut in Peter Jackson's "King Kong" --- that is the one of Ann Darrow dancing once more in the old vaudaville after that scene of King Kong at Alhambra --- that will forever remain in my mind. What a storytelling technique it was! With that alone, I believe Peter Jackson has more than rewarded my full day in the theater.
But move over Industrial Light and Magic Corporation! Make way for WETA Workshop.