Sure, but less control is a way to balance a format: like a X-list or a R-list.
LotR's X-/R-lists are one thing, but now there are no copies of 4x anything - every single card in your game is restricted in some way. Of course, this is done to mimic the balance of your draft game. I understand that. But as a constructed player, I know I'll feel "tied up," as Durin's Heir says. I suppose that the cards are limited in, say, a Sealed league, and I can try to consider The Hobbit to be like that.
On a related note, right now it'll be very hard for players to know when they've got an illegal number of a card, since gemp's constructed builder is set to show 1 copy of each site, 1 of each ring, and 4 copies of everything else in the deck builder - the (now outdated) list of legal quantities of cards Enola has posted will have to be checked often. I can try to put in an exception for Hobbit cards, but I don't know how long it'll take me or when MarcinS will approve the changes to the server. This is not urgent, but would certainly make it easier on players.
Anyway, I don't have any problem with reducing all cards in Shadow Packs to max 3 copies. But those that have 2 copies shouldn't get almost erased by having merely 1... Think about the Ring of Thrór (The Clouds Burst will be included at some moment): 1 copy only will destroy any reliable impact. Even worse in big decks...
Is the same that happens with Forces of Mordor in FOTR block (R-listed): since you cannot build the deck around that card, and since it's too unlikely to have it in the right moment, players simply don't include it (really sad, it's a cool card IRL).
So this is what I'd do: keep all copies exactly as in the Draft format, except
- cards that have 4x copies in Shadow Packs are now reduced to 3x, and
- each companion has max 2x copies.
As an aside,
Forces of Mordor sounds plenty overpowered to me - free twilight is not something that should be gained so lightly, especially during the Shadow phase. I don't play Fellowship Block much, but it seems
has two big needs: vitality and twilight. If the card had required you to exert X minions to add X twilight, I'd think it was well-made and situational. I don't think any card which is an auto-include in every deck is a well-made card
But I am not speaking from much experience.
Currently, I'm working off of Enola's requirements and reducing the quantity of each card by one. You gents can continue to duke it out and let me know if anything needs to be changed again - it's really not much trouble.