Yeah, I think it was Factions which put it off for me, I really didn't the assassin and ritualist classes. But yes, have been anticipating GW2 for a very long time now, I remember hearing rumours about it just after factions!
Do you like LOTR in general? Because LOTRO doesnt follow the main plot of the films, it focuses of Angmar and a lot of what happened before the film, the gameplay is quite similar to GW too, at first it does take a while to get into it, but is a very fun game overall, after GW and before WOW that was my main MMORPG which I played for a over 2 years or so
I've tried to read Tokelins books but I could never get into them so I would have to say no I dont like LotR in general. As a whole it just seems too generic to me. I like fantasy but the kind that hn'tas been done to death. I would watch Farscape over Startrek any day of the week because of how different it is.