Easy courage points:
On the last level when you meet Liana, she will start fighting the Goblins. There will be an unlimited amount of them. If you need to level up, stay there for awhile and collect all of the courage points. Also, in the last level (Gathering Of The Clouds), when you meet up with Lianna, you can get endless courage points by either waiting at the top of the ladder for Lianna to kill all of the Orcs, or by fighting them yourself. The Orcs will keep appearing, supplying you with endless courage points.

Obtaining equipment:
There are three items you can acquire throughout the game: the walking stick, throwing rocks, and Sting. The walking stick can be found in a chest in Bag End at the Shire (first level). The rocks can be found in a grove of apple trees in the Shire. Sting is obtained in the troll cave at the end of that level.

Walking stick:
Until you obtain Sting, the walking stick will be used mainly for combat. Once you do obtain Sting, drop the combat aspect and only use it for jumping. When moving forward, quickly press L then A to use your walking stick to jump. Be careful -- using it on shorter jumps may result in over-jumping.

Water room puzzle:
To gain entry to the water room, read the plaques on either side of the puzzle: "You must walk through EREBOR to reach it's heart". Approach the statue behind you and press X. The runes on the front spell EREBOR. Spell these out on the puzzle floor and the door will open. Note: Make sure to walk on the letters in the correct order.

Defeating Smaug:
Stay behind the debris until all of the fire is gone. Even though he stops, some fire is still there and it will kill even if you take one step out. The ring will not help you at all.

Saving Beorn:
In order to save Beorn on the last level, you must push four different blue barrels located around the area. Follow the courage crystals and do not stop to fight. Use the ring when you encounter enemies, because you are timed.

Save regularly:
It is very easy to die quickly in this game, whether it is from accidentally falling off a ledge, a severe poisoning, or being caught sneaking around. Save regularly to prevent jumping back a quest or more.

Fighting spiders in Mirkwood Forest:
When fighting the spiders, stay up on one of the rocks. Throw rocks at her minions. If you run out of rocks, just slpp on your ring and sneak (or she will hear you and attack), over to some rocks and get them.

Wine bottle riddle in Lake Town:
Once you get all five of the wine bottle in Lake Town, Malloc will tell you a riddle about how the bottles are arranged. The order is as follows:

1. Yellow Wine Bottle
2. Blue Wine Bottle
3. Red Wine Bottle
4. Black Wine Bottle
5. Purple Wine Bottle

Carrier upgrades
At the end of each level, you will be taken to the vendor. Here, you can buy upgrades for your rock bag and medicine chest. Each affects your carrying capacity. The upgrades are as follows:

Rock Bag

First upgrade: +10 rock carrying capacity; total of 20 rocks.
Second upgrade: +10 rock carrying capacity; total of 30 rocks.

Medicine Chest

First upgrade: +5 antidote and health potion carrying capacity; total of 10 each.
Second upgrade: +5 antidote and health potion carrying capacity; total of 15 each.