Since Lucas has already said he has no problem with--and even finds interesting--fan edits of the prequels, I hardly consider fan edits a concern, at least for Star Wars films. If other directors squawk, we'll cross that bridge when we come to it.

Exactly. That's why I think that I'm perfectly safe with my Episode II SOTDS project. How can Lucasfilm object when Lucas has said things like "The Internet is a new medium. It's all about doing stuff like that". The representative said, "Go be creative."

That's isn't just OK-ing it- that's endorsing it. I don't see any problem with that, at least.