Since the discovery of the "hobbit" bones in 2003, extensive research has been performed. Many features have been examined and compared to both humans and chimpanzees. While the bones found on Flores are from a new species, they have many similarities and features to that of early man. Because of the similarities, the Flores Hobbits are an early form of home sapiens.
The most recent published evidence indicates the small hominid remains on Flores Island are not Homo sapiens. They are unlikely to be Hobbits, either, but seem to be an as yet undeliniated branch of the evolutionary tree. At the time their unique record disappears from history, it appears that they would have been able to breed with homo sapiens, making it likely that they folded into that line of evolution.
The census among evolutionary anthropologists is that the so called "Hobbits" you are referring to, are the species "Homo floresiensis" So, because of this, it is safe to disagree and believe that they are not in fact Homo Sapiens, but are actually in fact the much newer species, "Homo floresiensis".
The "hobbits" found on Flores Island are not homo sapiens. Discovered in 20013, the diminutive species was found not be early man. Scientists in France used modern tools to re-examine the skull. They found it to conclusively state it does not share characteristics with homo sapiens. It could be part of the homo erectus species.
The "Hobbits" found on Flores Island were not homo sapiens. Scientists agree that the creatures were homo floresiensis. As homo sapiens and homo floresiensis are not the same, the "Hobbits," which were homo floresiensis, could not have been homo sapiens based upon the way they have been researched and classified.