Blackhawk, we are DEFINITELY on the same page. That just sounds amazing - God, if only the real prequels had been like this ...
And that outline makes me warm up quite a bit more to the whole "Sith" thing.
I'd comment more, but I'm still a bit overwhelmed by that outline, and I need to get some real-life stuff taken care of at the moment. But wow, fantastic job there.
TheBoot, you have some good ideas, but it feels simultaneously too similar to ideas already presented to the point where it's really not much new, and too similar to the prequels as they exist today. I know that seems contradictory, but that's the feeling I got when I read them. Also, it's far too clear that Anakin is Vader at the end. But there are some good ideas in there, as well.