Traditionally, fan-fiction is shunned largely by the masses. Amateurly written me-too's are usually a dull read and hardly ever worth the time it would take to parse through. Conversely, The Last Ring-bearer written in Russian by Kirill Yeskov has been in print since 1999 but never in English due to copyright reasons. To bypass this problem and allow English readers the opportunity to read it, it has been released as a free PDF download.
Weighing in at 80% of the Fellowship's length, it's not a short read but not a bad one either.