Likewise as Balance of the Force, this is a distinct improvment on the film.
If someone ever requests that I show them "episode II", this is what I'll bring. Definatley.
From little things like deleting Obi-Wans odd comment "take a deep breath" and Anakin's "...for a senator, I mean", to making Dooku seem more and more like the rogue Jedi he was meant to be.
(Granted, the yellow saber effect isn't of professional quality, but DAMN good for any kind of fan attempt. Great work)
Balance of the Force and The Clone War are what I consider to be the true Episodes 1 and II.
EDIT: Holy Crap! I was letting the end credits play through as I typed the above. But as they were ending, there was a rather... "interesting" sound clip added to it.
I won't spoil it for those who don't have them yet.
And for those who have it but don't know... WATCH THE END OF THE END CREDITS ON THE CLONE WAR! Lol