Only good thing about the proliferation of Star Wars movies is that increases the chance of one of them being good. I expect Abrams reboot to be fun and acceptable yet ultimately forgettable, much like his Star Trek movies. You just can't manufacture the magic that the original happened upon.
Could Disney finally give us the remastered, unedited Star Wars we want? | Ars Technica
But assuming Disney wanted to invest the time and effort into such a release, is it actually possible? Do the original Episodes IV-VI exist in a restorable state, or is the oft-repeated story that they were "destroyed" during the editing of the 1997 Special Edition re-releases actually true? And even if a restoration is actually possible, would Disney be able to do the work and release the movies under the terms of its existing Star Wars license?
It turns out that these two questions both have complicated answers. The quick spoiler versions are "almost certainly yes" and "no, at least not for now," but the long answers require going down a number of different rabbit holes. Strap in, because we’re about to make the jump to light speed.