because often that would lead to a lot of time-wasting due to the need to translate every tiny detail to make it comprehensible to modern viewers.

Yes! (The one I always think of this is that "Tiffany is a Byzantine name, but you would never dream of calling a character in a novel set in Byzantium by that name, now would you?" post on Tumblr. I don't even know if it's true, but I like to believe that it is.)

Yeah, I definitely think there are like four people on my flist alone who would be willing to write FotR!