There's the additional concern of the mechanisms of flight. I think the Hobbit - though perhaps somewhere else (maybe just general logic) - establishes that the eagles fly using thermal currents. And a volcano is a huge source of thermal energy. The convection currents in the air would force the eagles up and out, making travelling towards to top of the volcano incredibly difficult, let alone while under pressure from the aforementioned Nazgul (who are presumably used to the thermal ridden area), and having to consider accurately dropping a tiny metal object into the volcano against strong winds.chiggerwood said:Lord Of The Rings: There's two that annoy me to no end and make me want to slap the person that belches them out, the first being the most obvious, "Why didn't they just fly the ring to Mordor?" OK asshole you can't figure this out, fine! THE EYE OF SAURON WOULD SEE THEM! You know the giant fucking eye that sees all of Mordor and is constantly looking for the ring. He would see those eagles from miles and miles away. That is if his spies, which by the way can and do consist of men, birds, and trees, don't see them first. In which case he would send all nine of the Nazgul after them on their dragons (I know they're not called dragons, but wurms or something like that, but that's neither here nor there). All he has to do is kill the eagle with Frodo on it, or knock Frodo or the ring off the eagle and BOOM the ring is his, and all is lost, fuck you game over.
Sure, the eagles flew in at the end of Return of the King, but they flew in low. At that height they couldn't hope to merely drop the ring in, and would be hounded by arrows from the ground. Yes, they could have flown straight to the door Frodo and Sam eventually used (though only Elrond would have known where it was, having been there), but then they'd land in the middle of an army of orcs (who would have moved to the door, having received orders from the Eye that, as you said, has now seen them), at which point they're still fucked. I've no doubt that it might have been possible, but just so tactically stupid. Not that sending two lone hobbits into the area wasn't, but hey, they decided to do that on their own.