I like I and II a lot, but not so sure about III. I don't think there should be a Jedi Council at all. I also don't think we should introduce the Emperor idea so late - that should come during II, in my opinion. I also don't know what to think about us knowing the twins so early, though if there's one OT surprise we have to drop, that would be the one to drop.

I do, however, like the idea of them seeking Yoda's advice about the children.

I do like the Sith pirates thing, and if we need to use the Sith in some way, that's the way to do it.