This is basically what it would look like if I were given control of the prequel trilogy before it was released and the funds to make a series. It will be live-action, of course. We will imagine that this is created at some point between 1989 and 2005 (when the final episode was released). It's not fully fleshed out into scripts, which I could have done. But doing so would serve no purpose to me as this is fanfiction. So, here we go with an episode by episode description.
Oh, and each Season is roughly equivalent to one of the normal PT episodes.
A quick list of the cast for your imaginative purposes:
Nathan Fillion as Obi-Wan Kenobi
James Franco as Anakin Skywalker
Morena Baccarin as Padme
Jimmy Smith as General Bail Organa
Christopher Lee as Master Dooku
Samuel L. Jackson as Mace Windu
Doug Hutchison as Vader
Daniel Craig as Darth Maul
John Lithgow as Yoda
Robin Atkin Downes as Thrawn
Mark Hamill as Jar Jar Binks
Ian McDiarmid as Senator Palpatine
Alan Rickman as the Chancellor
Christopher Eccleston as Captain Tarkin
David Morse as General Sam Wessel