I've been to two ‘Lord of the Rings’ marathons – all three parts in a row: once at the cinema and once open air at the Waldbühne in Berlin (where the soundtrack to the film was played live by a symphony orchestra and a number of actors were also there...). It was amazing!
Nevertheless, I would recommend the books to you. You are a reader! It's worth it. The films are well made, both in terms of content and technique. They stay with you. There is a lot more in the book, it goes deeper.
I can only imagine… wow. That's 9 freaking hours of pure joy! I wish we had something like that here - it’d probably cost a ton, and even if I could afford it, nobody around here is hosting anything that awesome :-(
I’ll see if I can find some really nice editions of LOTR around here this Christmas season. I'll probably be MIA for a while once I get them ;-)