Did we suddenly forget how bad the Prequels were?
I don't think they were really as bad as people make them out to be. The prequel trilogy didn't live up to the original trilogy, but when you compare them to other sci-fi and fantasy films released in the last decade the prequels were pretty average, and honestly I'd rather watch even The Phantom Menace than Sam Raimi's Spiderman trilogy, Transformers, or Avatar.
Regardless I'll be keeping an eye on this project, I'm interested in seeing where Disney and LucasFilm take Star Wars from here. I'm also interested in seeing if they choose to stay true to or ignore the EU, personally I'm of the opinion that they should ignore it. From what I've heard it sounds like the EU has become much too convoluted, and there's way too much baggage attached to the Skywalkers and Solos (should the films choose to focus on them again) that most movie goers who have little to no experience with the EU would know nothing about. My only real exposure to the EU is the video games, and based on what little I do know about where the EU writers have taken the story I'd certainly be lost.