I love the One Ring. It’s the best Lord of the Rings RPG ever made.  That’s why you should only play it if you really want to play a Lord of the Rings game.  Half of the fun is the excitement of playing in Middle Earth; if that provides no excitement you are only getting half of the intended enjoyment.  

It’s like any other game with a deep setting (Eclipse Phase, Castle Falkenstein, , Glorantha), I think.  In general those games are only worth investing play-time in if there is something about the setting that really grabs you and makes you want to play in that setting, specifically.  You have to be invested in them.