I was raised on Star Wars and had seen all of the movies tons. I had lots of toys and model kits, all the books... I was a huge Star Wars fan. I knew in the early 90's that "there was always supposed to (and therefore going to be) 9 SW films, and that they were making the prequels next." So, when they officially announced the films in 95 or 96 (right?), it was not a surprise to me, but I was very excited.
I left for Europe 6 days before TPM came out in theatres, and I knew it would be a couple of years before I could get around to seeing it. I worked at Barnes and Noble just prior and I had early access to the books that were coming out. I had been watching the trailers online in glorious 320x240 QuickTime (I even went to see the trailer before Wing Commander... what a terrible movie that was) and was concerned over what I had seen, but when I read the Terry Brooks novel... I knew the honeymoon was over. Midichlorians? Virgin Birth? Jar Jar? I started hanging out downtown with a sandwhich sign saying "The End of Star Wars is at hand" and warning people to lower their hopes.
My friends and family wrote me to tell me how they didn't think it was as bad as I had made it out to be. My parents had bought the Widescreen VHS so I could watch it when I got back. What shocked me, after two years of hating it without seeing it... was that Jar Jar was not my least favorite character in the movie! IT WAS ANAKIN! I thought that little boy was terrible! I recall a lot of aplogists were saying "What can you expect from a child actor?" and "They looked at everybody, and he was the best!" But the problem with that argument is that I has just watched Haley Joel Osment in the Sixth Sense.
I thought the lightsabre stuff at the end was exciting, but it sort of wrecked people's expectations of "twirling" in a fight. It became "breakdance fighting." I still hate Anakin. Jar Jar is a huge mistake. As others of you have said, the cartoonyness and poop and fart jokes are all misplaced. The enemies are non-threatening...
It was terrible then. It's terrible now. The End of Star Wars was at hand then. It's way past over now. Unless you get that lobotamy I've been looking at...