I hope this was said in jest, but I fear it wasn't. At a press conference with LOTR actors:

Later in the day, though, one person was finally able to judge something as wrong. When asked what he would do with the ring of power if he had the opportunity, Andy Serkis (Gollum) stated, "I would banish all religions first of all."

Bzzt! Way to miss the point of the story, Andy. Repeat after me: it is not possible to use the ring of power for good. The only moral answer to "What would you do with the ring of power?" is "Destroy it."

Oh, and if you haven't read Mark Shea's sendup of source-criticism analysis you really should.