The more I think about this, the more I hope it happens. There is really a lot of potential with a product like this. There are many things I enjoy about the OT radio drama even more than the movies themselves (and vice versa of course). I imagine a radio drama of the prequels really could enhance and improve the story of the prequels, and, as Boost said, minimize the bad.

Unfortunately, I know how difficult it can be to successfully pull off a collaborative project like this. I wish all the best of luck.