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This was him talking about the phantom menace, but funnily enough he was actually a big proponent of film preservation back in the day.

http://movieline.com/2011/09/01/1988-george-lucas-would-totally-hate-2011-george-lucas/

I think he is a talented person who was put in the wrong position because of his monetary worth, and he made the mistakes we would all make if we had no one to challenge us. Money is as damaging to those 'freed' by it as it is to those of us tethered by it. But I'm thankful he had the opportunity to make such an interesting world, despite how it has turned out.

lol what a tangent :D but thanks for the opportunity to talk about it. For what its worth, I like the idea of the prequels, I just think they were poorly executed.