Is the protagonist of The Hobbit portrayed sympathetically?

From the very beginning of the novel, Tolkien
characterizes Bilbo as a sympathetic, friendly protagonist.  In many ways, Bilbo's
shortcomings make him more endearing to the reader.  He is not athletic or graceful like
the elves or strong as some of the dwarves might be.  Bilbo's attributes make him more
of an 'every man' that most readers can easily identify
with. 

Now Bilbo is certainly not without flaws.  He is
continually fussy throughout the novel, bemoaning the loss of his handkerchiefs,
comforts, and extra meals.  The reader, however, overlooks most of Bilbo's personality
quirks in favor of his deeper virtues--his perseverance, loyalty, and clever mind.