Ronster said:
I think it could be better to make the whole PT into one film and butcher the hell out of it (coming in under 2 hours)... There is so much stuff worth cutting out of them and just keep the main plot points.
1 decent movie or 3 rubbish ones.. That's the only way I see it to be honest

He can't do that because ANH:R is already called "Star Wars Episode IV: A New Hope:Revisited". This means there are episodes 1, 2 and 3.

Fixing the prequels is certainly possible. Maybe not to make them wonderful films as are those of the OOT, but certainly good. I've watched Q2's, L8wrtr's, Stankpac's, Phantom Editor's, and Seciors' prequel edits, and some of them do a pretty bang up job at weeding out most of the tripe. (My personal preference being Q2's Fall of the Jedi trilogy, though L8wrtr's Episode II is very good.)