Yeah, I’ve had this thought, and I know other people have too!

I think the ability to do this just depends on a few things.
I believe I’ve heard that the show will be six episodes, but I’m wondering how long each of those episodes will be, and if they will be long enough for two 2-hour movies.

Also, I think you could get away with these theoretical “Episodes II and III” being back-to-back chronologically, because TFA and TLJ did the same thing. It just is a matter of whether or not there will be a good place in the narrative where you could divide the story in half.

I sometimes think it would be better to just remove the episode labels from all of the movies.