I don't know how Sesame Street managed to make it this far without doing a Lords of the Rings spoof before — presumably they know a little something about delayed gratification — but man, was it worth the wait. I don't know what's better, Cookie Monster screaming "ME PRECIOUS!" over and over again or the fact that thousands of kids now think all you need to make cookies are eggs and chocolate chips.

We'll see how The Hobbit 2: Electric Smaugaloo compares when it comes out this Friday.

[Via Gamma Squad]