The Prequels were good, except for Jar Jar, midiclorians, young Anakin Skywalker, whiney old Anakin Skywalker, the whole birth thing, among other things.
Although, I thought that Ewen McGregor nailed the Obi Wan roll.
Come to think of it, I don't think they even needed episode 2. I'm trying to think what it was about, and just drawing a blank. They should have just started the rise of the empire in Episode 2, and gone really dark in Episode 3.