It could be a lot better, actually. I've already touched on some of my biggest grievances with it in its current state. If they don't want the EU to end up in the same rut it's already in though, they're going to have to tie the reboot in with a big multi-media project. The biggest option would be new movies, but that seems pretty unlikely at this point due to most of the actors probably not being interested. Easiest option would be a big video game, but I think that the happy medium in between would be a cartoon series. Basically they need something firm, tangible, and most importantly, mainstream that they can root the new EU in, instead of just saying "all those old books don't count anymore, and these new ones do." They're going to make new books anyway, so they might as well reboot with something bigger to make sure their efforts aren't in vain.