Although the Council of Elrond is a tad boring and drony, this is an amazing book. Tolkien is and will always be the greatest author ever.
I have watched the movies hundreds of times since I first watched them when I was four. They have not lost their magic. I highly recommend you watch them, it makes the books easier to understand. This is the only time I will even think of watching a movie before reading the book. It took me 107 days to read all three books, my advice is read a bit each day. PERSEVERE IT'S WORTH IT.