Just a few more quick notes:
Consider L8wtr’s Shadow of The Sith. It’s a less radical re-edit of the Phantom Menace than Return of the Sith. I think his approach was to tell the same story, but to tell it better. Anakin is still the chosen one, Palpatine is still obviously Sidious etc... the true strength of his edit lies in the dialogue. He’s removed pretty much everything that is redundant and has improved Anakin Skywalker, Jar-Jar Binks and many other annoying characters.