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I don't know if this set has yet got a video, but it might soon
but of course it's possible. by far the biggest question in regards to LotR/Hobbit is whether or not there will be a summer wave.
It could be a prototype set that didn't go into production, though. This particular image contains a number of them, for Alien Conquest, Star Wars Yavin temple, etc. I would expect Lego to focus on Hobbit-related material.
Indeed the Tower of Orthanc / Isengard would be fantastic!
I'll keep saying it .. watch out for UCS LotR.
I have no evidence, mind you, it just makes sense, and I really think they'll do it.
Having said that, it's possible that the model in the background of the photo (way) above is a sort of reference model used for animating the video game. The video games (Star Wars, Harry Potter, Indiana Jones, etc) are notorious for showing models and minifigs which we never see in sets. :P
I ALSO PRESUME THAT THE DESIGNER VIDEO IS ONLINE ASWELL
Another very dry delivery on the video though. lol
It's the fourth comment down from the top ( the user is Snowspeeder pilot)
There is also a guy over on eurobricks who is going to do an escape from mirk wood spiders review, he has also done the riddles of the ring review aswell, when he does his review I will post the link here
Five of the best are.
Red Leaves for autumnal trees.
New Beard shapes.
More Glow in the dark elements.
Fred Meyers stores in some parts of the US have been selling the hobbit sets early
Riddles of ring-$9.99
Attack of the Wargs-$49.99
Escape in the barrels-$39.99
Escape From Mirkwood-$29.99
kyleJohnson11 - you are correct on the prices. Better than I expected for most of them. I thought the Riddles set would be the same price as the Gandalf Arrives, nice that it was lower.
I will add the Mirkwood Spiders set later after dinner
The prices are as follows
Riddles of ring-£12.99
Attack of the WARGS-£49.99
Escape in the barrels-£39.99 (this is also an exclusive to toysrus uk)