Sorry to jump in in the middle of this, but I'm curious is this thread only about A New Hope? Here's the reason I ask:

A while back (before HD Blu Ray versions were available) there were extended cuts of the prequel trilogy released by ADigitalMan which incorporated all available footage back into the films for the fullest possible runtimes (sort of along the lines of what Peter Jackson does in his extended Lord of the Rings).

Personally, I like having these extended cuts available as an option, but now that the Blu Ray's have been released, the picture resolution of the ADigitalMan extended cuts has become outdated. Could I convince anyone to do these extended cuts in High Def? (I understand that occasionally there could be an unavoidable quality drop when certain footage is incorporated, and I'm fine with that; my main concern is having all footage put back in there).

At the very least I think Revenge of the Sith benefits greatly from having the deleted footage put back in. But regardless of whether this improves the movies I think it's a fanedit that should exist.