The 7th Doctor To Join "The Hobbit"?

The 7th Doctor, Sylvester McCoy is indeed in talks to playing a character in the new upcoming "Lord Of The Rings" prequel, "The Hobbit". No one knows which character he is going for, though there was speculation away back a few years ago that he's planning to take on the role of Bilbo Baggins in the prequel, but he's too old for the role, as "The Hobbit" is set years before the "Lord Of The Rings". He was also set to play Bilbo in the "Lord Of The Rings" films, but lost to Ian Holm.