Emanuel A.
cross-examiner
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There were similar stories surrounding the theatrical release of Avatar due to camera motion...
To be fair, a number of people (seems to be the minority, but always hard to tell, of course) complain about 3D in general with similar symptoms: eyestrain, migraines, queasiness, etc. Not sure the 48 FPS actually changes the equation much for people who have a reaction to 3D in general.
About a dozen excerpts of very negative reviews here:
http://www.studiodaily.com/2012/12/the-hobbits-hfr-reviews-are-in-and-theyre-not-so-good/
I suspect this will not affect the mass-market very much. On the other hand, let's say the negative reviews affect the box office just 5%. If the movie grosses $800M (not impossible, judging what the Lord of the Rings films made), this could potentially be a $40M loss. But it's anybody's guess if this will really matter.
I'm on the side that says the under-30s won't care, and the over-30s may not matter for a film like this. Technical people will probably be split on it, pro and con.