Wow, now I know two people who have been to the Ranch.
"I just saw Episode 3 again, and found that the second time around the bad points stick out even more."
As much as I enjoyed ROTS after the first 30 minutes, I'm kinda scared to rewatch it for that reason. Maybe the timecode will keep me more distracted this time.
"If you'll be doing III, new technology will allow you to fit more on dual-layer."
Considering the fact that he'll be doing more cutting than adding, I don't see why that would be necessary. Besides, he'll probably post it as a DIVX so people won't sell his DVD-quality verions on E-Bay.