ADigitalMan - the audio drop out is hardly noticeable. (I did however notice, when watching on my PC, the famous "halos" which are an issue with the Region 1 DVD release).
I haven't had a chance to watch all the way through yet but it looks like you did a great job with this. I liked what you did with the podrace. The last fan edit I d/led was Magnoliafan's remastered 'Phantom Re-Edit' but due to a bad framerate and poor audio that one got deleted; yours however is a keeper!