Yeah, this is all just a big nothing burger imo.
First, Disney has bigger issues in the creative process. They just cant write a decent story to save their life anymore and have really lost the plot. Rewatching Ralph wrecks the Internet, I dont know when it happened but it seems Disney has forgotten their origin story. They mock their own Disney princesses in a scene that paints a very broad stroke on the fairy tale princess archetype which is just wrong.
Around 1:00, Rapunzel asks the "million dollar question" which is "do people assume all of your problems are solved because a big strong man showed up?" which is a feminist take that at the fairy tale princess which is just wrong with many Disney princesses imo. Mulan, Frozen, Brave? Those princesses didnt need any "man" to solve their problems with Brave arguably being a "subversion" of the princess archetype. Disney still has this very strong "girl power" feminist bent that just results in bad stories in all of their current ventures, not just Star Wars (see Wish or modern MCU).
As much as I like Lucas, I know his true love isnt in film making but film making technology. He likes backseat directing which he did in the OT sequels after ANH, the Clone Wars, and tried to do for PT. He was also only interested in Clone Wars because they making "cinema," which was defined by the aspect ratio at which they shot the series. I do think Lucas has effectively retired from film making for quite a while and unless there is some new CGI or tech to play with, he wouldnt be interested in rejoining.
Even if Lucas did return, we have already seen Lucas only output and it is PT. Its creative but still needs alot of brushing up and he really needs peers like Spielberg, Marcia, and/or Kurtz to help temper his bad ideas. Lucas by himself cant save Star Wars even if he was given free reign. There was a reason why people were excited about Star Wars again after it was sold to Disney.
Nevermind the fact that Lucasfilm under Disney has cancelled so many announced projects, any announcement is honestly a coinflip at this point.
The biggest issue with Disney Star Wars (and Disney in general and to be honest, Hollywood in general) is that they currently just have bad writers who cant make anything truly original and entertaining. Everything has to be subversive, undermining what their predecessors have made, or a "reinterpretation." Isnt the new Acolyte series supposedly changing the definition of the dark side, saying that light cannot exist without darkness so the dark side will always exist as long as there is light (which goes against Lucas' original concept of the dark side and the purpose of the one?), nevermind the blatant "we want men to be uncomfortable watching our show" statements. If given this hand, its impossible to create good media.