I'm not sure if I saw this listed in your cuts, but if there is anyway, PLEASE get rid of the "Weesa Going HOME!" shit when they are on their way back to Naboo. Find some way, ANY way, to get rid of that shit.
Also, I have always had an idea for the ending that I think would be better then the original, or any of the awesome fan edits I have seen so far; and probably not too hard to pull of. Basically it is to get rid of the ENTIRE celebration parade. In my view it is pointless. What the fuck is that big ball of energy anyway? A "peace ball?" Whatever! Rather, go directly from the funeral to the closing credits. Maybe fade out a little bit before the credits start. Keep that somber/eerie music from the funeral going for a while into the credits. This give the movie's ending a more ominous feel; especially with the last shot being Palpatine, you know, that Phantom Menace guy! I think it would serve as a good lead into the rest of the series. EP1 doesn't need to end on such a cheery note. That whole world is going to shit in a few years because of the last guy in the shot during the funeral. Keep it dark. Keep that sad music going. I think it would work.
I've tried a fan-edit of EP1 myself. I don't have the skills or patience, plus there are some great ones out there. To this point ADM's is my favorite EP1 edit. The Phantom Editor's is my favorite EP2 edit. I like your ideas and hope to get a copy whenever you get around to finishing it.
Good luck!