This is a good idea. That WB program was very innovative when it was introduced, and a model program for other studios to follow. WB has always led the industry when it comes to classic movie releases on disc.

But personally, I don't think it was ever a question of money. Lucas is a billionaire, and the original is possibly the most popular film ever made second to Gone With the Wind. Plus, he has his own archive, plus Fox paid for most of the restoration in 1996 already. He has the materials, ability, and financial motivation to do this. I really wish he was as much of a sell-out as people accuse him, otherwise this would have happened a decade ago. Unfortunately it is strictly ideological, and the singular element that can change that ideology is public opinion. At the very least, that assault on reputation led to the GOUT.