I was a huge Peter Jackson fan prior, due primarily to Meet the Feebles (still my secret guilty pleasure), and it was just so bizarre to see him move from low budget camp like MTF and Dead Alive, to a $300million dollar massive endeavor.
From my very limited experience as a DP on several friends low budget films, the organizational efforts to produce a film the size of LOTR is lightyears beyond films like MTF. Of course later films like The Frighteners or Heavenly Creatures probably helped him build up to being able to manage that.