This is an awesome project!
This project makes possible something that I never considered before -- a TRUE sequel to Star Wars-- one which actually flows into the first release 1977 movie without violating anything.
For me there are TWO Star Wars-- the first release movie as a stand alone "adventures of Luke Skywalker" and then there's the SAGA, which is 6 movies about Anakin. Since Lucas didn't decide to make Vader into Anakin until the 3rd draft of ESB-- there's a lot of stuff that doesn't quite fit. Most of all, Obi Wan is really lying through his teeth when he tells Luke what happened to his father. That just doesn't fit with who Obi Wan was when I first saw the movie as a little boy.
But with the "migraine maker" and the rest of the PT footage, a movie (NOT this project, I realize) could be made that was a totally faithful sequel/prequel to the first movie.
I can't wait to see how your ideas pan out, DemonHunter.