From what I have heard, there will be a version released that puts everything chronological order...there is also talk about going back and putting the final touches to Gollum since there was no time available to do so before the release of FOTR.
I myself am looking forward to the EE of ROTK, as well as any kind of Box set that is offered !
Well PJ's first idea was to make two movies...how he was going to fit everything in just two films is confusing to me...
but it was New Line that suggested the idea of 3 movies, and now that they are rolling in dough over this how trilogy...I am sure that any ideas that PJ might have about releasing new editions will be greatly accepted