There's a 2.0 of TCW forthcoming? Bitchin'!!! My wife and I were watching this today for the first time and totally dig what you've done with it. Haven't finished yet, but as soon as the kid is asleep, it's back to Geonosis we go.
One comment to consider (and likely reject, but hopefully not) would be to replace the "pictures on the wall" scene with part of the picnic scene that did seem relevant to me. I liked the beginning part up to where Anakin says (I'm paraphrasing) "Well, then they should be made to agree" ... everything after that line is utter rubbish, but everything leading up through it is actually good character development. Ditching the other forced love scenes for Padme's family scenes and ditching the Yoda/Mace/Obi-Wan hangar scene for the alternate version are the RIGHT editing choices that Lucas should be slapped for deleting. Not to mention so much of the little snips of hammy dialogue you've taken out.
Also, will there be any touch up to the dissolve from Obi-Wan to the shot where Anakin is staring at the sunrise after his nightmare? That one looked a little off to me.
Looking forward to the yellow light saber battle. Don't know if I agree with it, but I'm enjoying the heck out of what you've done regardless, and they'd better give you honors in your film classes.