I did feel emotional about it. It's interesting - obviously there's this sort of religious fantasy element to it which I find very poignant, and the severing of friendship, but there's also this (might be the wrong word) metatextual element where you're sad that the story is ending. Especially as it's such a long story, which the intense detail he gives to all the perambulation makes you feel you've sort of LIVED.
I haven't had this feeling I had since childhood - as I was finishing it I wanted to immediately restart it to make the characters come back to "life" and to keep the world existing.
This is a sort of (so called) naive pleasure of reading which Nabokov (for example) would deride as an inferior pleasure, I suppose.
I was wondering reading his lectures on russian literature the other night how Nabokov would have felt about LOTR. This because in describing Dostoevsky he says one of the conditions of a great novel is that the world of the novel (whether it's "realistic" or fantastic) is credible. And I think Tolkien DOES make his world credible.
The issues I have with it are primarily stylistic. And the interesting thing about LOTR is it frames itself as a sort of found text, where reality and myth interleave, which is kind of an "out" for Tolkien.