Read it decades ago in realtime. Not only is the title coincidental, it was, as I recall, a respectable condensation of the story down to one slim paperback. The "finely-ground lean Ring" thus distilled made an easy read even for the most impatient.

Typical parody, silly name mappings like "Tom Bombadil" to "Tim Benzedrine", "Gollum" to "Golly", and on and on. The foreward said they produced it by ripping out the pages of the original, throwing them up in the air, then hopscotching across the resultant mess. Which must have produced a statistically-significant sample, because I recall that they conveyed a sense of the original story.

I know you'll enjoy it if you can find a copy somewhere.[Several used on Amazon for cheap...one less, I couldn't help clicking.]