To think that if only Henson had not died in 1990, this movie might exist. Draw R2D2, a site that invites artists to mash up two pop culture themes for a fortnight, selected the Muppets and The Lord of the Rings as source material. There's one particularly striking one at the link by Will Robertson which shows Fozzie Bear as a brave and determined Samwise.
Link -via Nerd Bastards
Previously: LOTR Re-Enacted by Muppets