If you have already seen Lord of the Rings then
you already know what a hobbit is. Hobbiting is when someone explores and adventures a hillside or mountain side, usually
through the woods. A hill/mountain side is not mandatory, but it furthers the hobbiting experience. Smoking, making fires, and making forts are some common hobbiting activities.
Psychedelic drugs (LSD, mushrooms, peyote) really enhance a hobbing experience, and really get you involved in the sport. Mischief and curiousity are a must.
"Where are Jake and Nate?"
"Oh, they went hobbiting today. They're climbing around some
mountainside making campfires and having
a good time."
"I went hobbiting
yesterday, you should have seen the fort that I built."
"No one hobbits like we do. We hobbit that mountain side to no end, and that's some damn good acid."