[Rumil]

I was interested by the views that The Hobbit just doesn't fit into the Legendarium and wanted to add my tupennyworth.

There are clear inconsistencies, like the cockney trolls and camp elves, but I would invoke a variant of the 'translator conceit' to cover these. If we imagine that The Hobbit was added in to the Red Book more or less complete by Frodo from Bilbo's story, then the question becomes, what was Bilbo writing?

I think that Bilbo was writing a children's story for his nephews and nieces, based on his adventures but in a less serious tone than we see in UT, for example. Therefore The Hobbit is a Frodo's childhood bed-time story. Of course, it is great story all by itself, but when we try to link it in to the Legendarium, I think it becomes the basis for detective work. In my opinion most of it is 'true' in Middle Earth terms but some aspects were altered by Bilbo either for dramatic effect or covering his tracks (such as the ring incident).

For example, I'd like to think that Bilbo 'really was' captured by the Trolls but that he invented most of their speech and names either because the original was not understandable or too foul for young ears! I can see Bilbo with an admiring circle of young Hobbits gathered round the fire one winter's evening doing all the Troll voices in proper fairy tale style and when some young Took or Brandybuck asked the name of the troll, inventing 'Bert' on the spur of the moment.