Now, AICN tells us this little bit of speculation comes via a "trusted anonymous name", which of course means take the following with a serious grain of salt people. According to said anonymous source, Tom Waits is being considered for a role in The Hobbit. The Guardian went on to further speculate that Waits was likely up for the voice of Smaug, the dragon, which is not only a logical leap to make, but one suggested way back in January of 2008 by an AICN talk-backer. Nice call Nice Marmot. For what it's worth, Guillermo del Toro used Waits's song "Heartattack and Vine" in Hellboy to introduce the all-grown up version of the character, whose face actually kind of looks like Waits when you think about it.
In addition to being one of the greatest living songwriters, Waits has turned in some pretty great character work over the years for the likes of Robert Altman, Francis Ford Coppola and perhaps best of all, Jim Jarmusch (specifically Down By Law). He's got upcoming roles in both The Imaginarium of Dr. Parnassus and The Book of Eli, and I don't know about all of you, but I sure would like to see The Hobbit added to that list. Smaug sounds like a perfect match, so let's wait and see how this one pans out once the official announcements start coming in.