I don't know if I would take that sentiment that far. I figure if it keeps people from breaking their FF button while allowing them to still enjoy the movie it can't be all that bad.

That said, I have yet to see one that is actually better than what Lucas had done. So far the one I saw just seemed to cut certain scenes out without repairation. It was in every way a lesser film than what Lucas put out. But if some people really can't stand the full extent of Lucas' taste, I say it's better to enjoy less of the Phantom Menace than to enjoy none of it at all.