I dont think more money in general would have made the film better because the script and a 9 yr old anakin is the problem. Nothing more nothing less.
This is the part about inching pennises that I believe hurt the film "WE DON'T HAVE THE HIGHEST PAIN BEHIND THE SCENES TALENT. wE HAVE EVERYBODY WHO WORKED ON YOUNG INDIANA JONES. THIS IS THEIR SHOT TO MAKE THEIR NAMES AND THEN GO OFF AND MAKE AS MUCH MONEY AS THEY WANT TO. BUT SOMEBODY ELSE IS GOING TO HAVE TO PAY THEM FOR THAT, NOT US."
cause maybe if Lucas had surrounded himself with talented people like he did with the OT maybe some of them could have talked george out of that ridicules script/screenplay. when you have nothing but YES men around you and that wont challenge you then you have no way to improve.
These films were guaranteed to make a fortune. There was no way Lucas could have gotten burned and lost money. He tripled his profits no matter the cost of filming just on toy sales alone.