You realize, of course, that lots and lots of younger viewers prefer the prequels? That they revitalized the business of the franchise, driving creation of the highly successful Clone Wars aniimated series, and untold millions in merchandise sales?
Uh... maybe. I'd need to see a source for that before I believed it.
Anecdotally, my little boys (who are starting to get not quite so little at this point) really like the Clone Wars. They think the prequels are badly made but pretty movies. They think the original trilogy has much better stories and characters but look lame and old. They're certainly discriminating enough to desire something with more of the storytelling chops of the first movies, without such clunky dialogue, abysmal pacing and complete lack of chemistry or likeability to the characters, but the visual design and special effects of the newer movies.
I'm feeling optimistic enough to hope for the same--something that manages to figure out what the strengths and weaknesses of both the original and the prequel trilogies are, capitalize on the strengths and minimize the weaknesses.
Umbran said:
"Management of the franchise," is a business matter, and the answer is driven by the bottom line. "The prequels were a travesty" is a matter of personal esthetic sensibilities.
The franchise didn't really exist as such after about the mid 1980s, until the Thrawn books made Lucas realize that there was still life left in it. Licensing it out to Dell Rey and then to various video game producers brought the franchise back to life to the point where Lucas could concieve of doing the movies again. How much the prequels contributed to the growing of the franchise vs. possibly blunting efforts that were going on already anyway remains to be seen. Certainly they made a fair bit of money in their own right, but not like the original trilogy (especially relative to their budgets.) No matter how you cut it, the prequels were not nearly as successful as the original, and the franchise had already come back to life before the prequels came out.
With any luck, the franchise will continue for decades and we'll get tons of movies, James Bond style, as well as continued video games, LEGO sets, novels and who knows whatever else merchandizing. And we'll look back at the era of the prequels as a bit of a low point, like the Roger Moore films, that only lasted temporarily.