. Now we know where the "Romance in The Hobbit" is going to come from. Bilbo and Itaril, the first Hobbit/Elf coupling. Their children will bring new meaning to the term "Half-Elven"
Indeed, they can Retcon Frodo's back-story. Frodo doesn't know Bilbo's secret, that Frodo is not his "nephew", but his illegitimate Half-Elven Love-child
. That's why he's so fond of Elves and why Galadriel finds herself so attracted to him (remember all of her "significant glances" and "secret smiles" at Frodo).
You know, I think I'm starting to get the hang of this Fan Fiction stuff