dean69, it's wonderful that you will be joining us. I think that even if some of us read the whole book and then discuss the sections according to our schedule, above, we'll likely have much to talk about. There seems to be a lot going on "between the lines."
For example, I found the following information in wikipedia:
The novel draws on Tolkien's knowledge of northern European historical literature, myth and languages. The names of Gandalf and all but one of the thirteen dwarves were taken directly from the poem Völuspá of the Poetic Edda. Several of the author's illustrations (including the dwarven map, the frontispiece and the dust jacket) make use of Anglo-Saxon runes. The names of the dwarf-friendly ravens are also derived from Old Norse for raven and rook, but their characters are unlike the typical war-carrion from Old Norse and Anglo-Saxon literature. Tolkien, however, is not simply skimming historical sources for effect: linguistic styles, especially the relationship between the modern and ancient, has been seen to be one of the major themes explored by the story.
On the other hand, as PatH says, we can adjust the discussion schedule as we go along.