Fun and cute, most likely to be appreciated by casual nerds, film buffs, and Shakespeare enjoyers.
Likely to be enjoyable-but-frustrating to people who *really know* Star Wars. The inclusion of scenes from the 1997 "special editions" and the implication that both Han and Greedo shot (and, to add insult to injury, the attempted placation of Han's line "And whether I shot first I'll ne'er confess) cuts into the purity of this retelling, while inaccuracies--proton torpedoes are not lasers, dude--casts a shadow on it. For someone who knows many scenes of the original word-for-word, it takes some time to let go and not have the origional wording mentally superimposed over the more verbiose retelling. Similarly, Shakespeare aficionadoes may find the direct quotes and specific paraphrases jarring ("Friends, Rebels, starfighters, lend me your ears")
The droids really shine, with Artoo's English-language asides juctaposed with his audible whistles and beeps, and the formal language enhancing Threepio's false gravitas.
It's a pleasantly silly way to look at the comparable melodrama of space operas and stage plays, but fans shouldn't expect too much.