I haven’t listened to the podcast as yet, but do find the notion of a Prequel Trilogy made in the 1980’s fascinating. Even if done as a “cheat”; the same story of the Prequels as we got them from 1999-2005. Fewer effects, likely a Jar Jar suit or puppet as an extension of what could be achieved with the puppet Yoda, and actual sets for the actors to react to see and immerse themselves in.
A more believable, character based story, moving at a more brisk pace when the story actually demanded it instead of walking around green/blue screen sets seemingly not quite sure how to act or react, or even move. A lot more immersive than some of the badly dated shots and scenes from the actual Prequels.
Drama, I think they call it. With a lot less contradictions and discrepancies between the Original Trilogy too. And more people around Lucas who would reign him in, or simply say no, where he “may have gone too far in a few places”.
That would be my hope anyway.