I have to agree with Alex here.
Saying that the majority dislike or hate the phantom menace is either misguided misinformation or deliberate disinformation.
These are from Box Office Mojo and Rotten Tomatoes respectively:
The Phantom Menace has far more going for it in terms of heart, plot, and human interest than the likes of Armageddon and Godzilla. This is not a mindless blockbuster designed solely to make a killing at the box office. Lucas, already wealthy beyond the dreams of avarice, is hopefully beyond that (not that he'll refuse the money...). What he has done with The Phantom Menace is to satisfy an artistic craving, and it shows in almost every frame. The director's vision and reverence for his own creation are the two key elements that differentiate this movie from 95% of the others with similar $100 million-plus budgets.
JAMES BERARDINELLI 1999
But mostly I was happy to drink in the sights on the screen, in the same spirit that I might enjoy "Metropolis," "Forbidden Planet," "2001: A Space Odyssey," "Dark City" or "The Matrix." The difference is that Lucas' visuals are more fanciful and his film's energy level is more cheerful; he doesn't share the prevailing view that the future is a dark and lonely place.
What he does have, in abundance, is exhilaration. There is a sense of discovery in scene after scene of "The Phantom Menace," as he tries out new effects and ideas, and seamlessly integrates real characters and digital ones, real landscapes and imaginary places. We are standing at the threshold of a new age of epic cinema, I think, in which digital techniques mean that budgets will no longer limit the scope of scenes; filmmakers will be able to show us just about anything they can imagine.
BY ROGER EBERT / May 17, 1999
Just as "Star Wars" became one of the most widely imitated pop phenomena of its time, "The Phantom Menace" looks like a template for a new generation of computer-generated science fiction. And unlike "The Matrix," another film liable to spawn imitations, it is sweetly, unfashionably benign. Whether dreaming up blow-dryer-headed soldiers who move in lifelike formation or a planet made entirely of skyscrapers, Lucas still champions wondrous visions over bleak ones and sustains his love of escapist fun. There's no better tour guide for a trip back to the future.
May 19, 1999
By JANET MASLIN