honestly, being an absolute novice when it comes to filming technology, the one thing i DO trust Lucas pretty implicitly on is the tech end of things. so if he says he's got a way to shoot a weekly TV series that looks and feels great visually on a camcorder, more power to him.
and NOTHING could ruin star wars for me. i've got my OOT dvds, i'm good to go until they pry them from my cold, dead hands.