Honestly since the PT was suppose to be about Anakin being a great Jedi and turning to the dark side they should've started it off in The Clone Wars already happening like the Rebellion was already going in the OT. Episode 3 may have had some bad lines, looking at the romantic lines there, but I feel it was the best of the PT. Only Episode 1 had the Darth Maul fight and Episode 2 only had that epic battle at the end, otherwise they didn't really stand out that much in my opinion.
I said this once but I would be open for Disney to completely redo the PT properly.
I agree (though the last sentence will never happen ^^)
The Phantom Menace simply wasted precious screen time. Also I never was a big fan of this focus on Vader. When you watch the OT, you never realyl have the feeling Vader is more than a glorified henchman, a second fiddle, hell in "Hope" the Moff's treat him with disrespect and ridicule him (until choked^^) ... and then the PT tries to make him the focus, make him a chosen one, invent some weird prophecy (who actually wrote that? Maggy the Frog ...different franchise, sorry^^)
The PT should have started with young/middle-aged Obi-Wan being the center, and some promising young and talented Padawan at his side, called Anakin. The galaxy is at the brink of a war with a seperatist-group demanding independence from the Republic, and at the end of Episode 1 the seperatists unleash their army of terrifying clones unto the unprepared Republic and their numerous but weak and inflexible droid-armies...
And then gradually over the next movies we see how this terrible war tore the galaxy apart, how Palpatine plots and puts much blame on the Jedi for handling the war badly, and being responsible for many casualties, stirring the anger and fear of the general public, against the Jedi...while Anakin fights the war, as Knight and ace-pilot, at the side of his friend Obi Wan, but all the death and destructions take its toll on young Anakin. More and more disillusioned her eventually stops to believe in the Jedi-Order, and agrees to Palpatine's views that only strength can bring order to the galaxy and stop more bloodshed...or something like that, I am no writer^^
TL;DR: Phantom Menace was simply unnecessary and had too many kids in them plus a cartoon space-rabbit nobody wanted, instead of giving us the sinister clone-wars Obi-Wan briefly mentioned, and ever since kept our imagination busy
(And just thinking about it: Hell, Obi Wan served in the clone-wars with Bail Organa?! What did Bail tell his daughter about that time? Did Bail ever do anything? Just think about it: Episode 2 on Alderaan, invaded by (evil)clones, Anakin/Obiwan and the Republic trying to take it back, Bail an unwilling war-leader at their side - would even explain why war-weary Alderaan indeed swore off the weapons...and a neat place for Anakin to meet future Mrs. Dead-Skywalker*sigh*, alright, let's reboot the PT...)