Pan's Labyrinth

I just finished watching Pan's Labyrinth, by director Guillermo del Toro. I understand now why he received a 20-minute standing ovation at the Cannes Film Festival.
I decided to watch the movie because I had heard that Guillermo del Toro will be directing the new Lord of the Rings movies (The Hobbit, and an in-between movie to bridge the 50 year gap between The Hobbit & The Fellowship of the Ring). The only other movie I had seen from this director was the movie Hellboy, which I hated. So to be honest, I've been nervous that my favorite movie trilogy was about to be ruined with cheesy add-ons.
Having seen Pan's Labyrinth, I'm no longer worried. I may do a full review of the movie later, or I may not. But I know this is a man who can tell a story, and do a spellbinding job of it. I wish him all the luck in the world.