I'd watch that. Seriously, I would. The current film climate and recent superhero (read: Marvel/Disney) films have given the new Star Wars a foreboding sense of modern formula and forgetableness. They're gonna be okay. Probably good, like in the same way Winter Soldier was good. And I don't intend to watch Winter soldier ever again.
But I would watch the f*ck out of a Lucas-directed Jar Jar spinoff. That's a project beyond my ken.