I think i was misremembering one of the early Lucas price quotes for the 3D convert. That must be why they waited nearly a decade before anything became of it.
Still a 23 million dollar opening for a star wars film is a failure period.
Not sure if the goodwill is still there but he should really have forgone the prequels, crappy movies beyond measure and release even the adulterated original trilogy since he would never in a million years release the oot properly restored much less in 3-D.
If they released the 2011 special edition trilogy they could easily make over a hundred million dollars. Not a huge windfall after the conversion cost but still a profit.
Making any new original films, or new star wars or indiana jones films is not what Lucasfilm is doing they are releasing 3-D versions of the standard blu ray release for something not even shot in the format.
A complete and utter waste of time and money of course this is opinion but they could have spent the money restoring the other 2 films in the indiana jones trilogy as well as the 3 original star wars films.
Lucas let both the 30th anniversary of star wars and empire happen with no re-release print of those films, i won't hold my breath for one for Jedi either, of a restored theatrical release in may 2013. The book by Rinzler will have to be a consolation prize i guess.
Anyway back to talking about saving the real star wars from 77-83. Waiting to hear more on the loc actions to save these films from the hands of Lucas.