Had a discussion today with a guy on fanedit.org who wants to do a 3-in-1 of the prequels. I agree with you Dalton that it would be much better suited to bring it down to two films, and bridging the gap in the middle of AOTC is a fantastic way of doing it!
It takes care of both time jumps (TPM>AOTC/AOTC>ROTS) and you still get to keep plenty of (decent) footage to tell your story.
Will be keeping tabs on this 😃