There are some SW machinima out there, there was a dancing Boba Fett video, using the SW Galaxies world. It was a music video in the end, but it showed it could be done, and i would guess it's better then the Yoda DVD vid.
The possibilities are there. Personally i'd love to see any of the video games just captured from beginning to end, i don't have the time or skillz to play them, so watching at double speed should in theory be entertaining. The game world gives you the controls to be a director, figure out an interestng take/subject and i'm sure people will watch.
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