I have also seen people assume Lucas thought everyone would love Jar-Jar, but is crazy and out of touch with what audiences want.
Lucas knew exactly what he was doing, and in the end the people who didn't agree with him didn't matter.
Just like the people who didn't agree that the original Star Wars would make any money didn't matter.
I think at some point we need to examine the possibility that Lucas might actually know a little more about what makes a successful movie than we do.