tiptup, newsfalsh! it was 1977! and the whole it would of been a kid flick has been argued before and ANH was loved by adults and kids alike. Episode I may have been no different. besides, irvin kershner would've directed episode II and the dialogue wouldn't be so cheesy.
The special effects would've been seen as aww inspiring! it would've been redone a hundred freaking times. we'd be bashing the OT instead of the PT to put it simply.