I wonder how long it will be before they do a reboot....
Episode 7 might be interesting, depending on who they get to work on it. With this change, I assume the war between Lucasfilm and the guild system is over.
I have a bad feeling about this.
It also takes it outside of its story - the fall and redemption of Anakin Skywalker.
Rather than go with Ep. 7 going way back in time to the original formation of The Republic with the Sith Wars, etc. would probably be more interesting without it having any effect on the main Star Wars story.