I have a leaked draft of the story line for episode seven. I can't say where I got it from for obvious reason but some of you aren't the only ones unhappy with the Lucas sell-out so it got "shared" with me by someone with like feelings who is connected.
I can't post it for copyright reasons and to protect the confidential source but here it is in a nutshell.
Disney execs were looking for sequels to pour money in to get a guaranteed blockbuster mat the box office. Star Wars and Lucas were one source but they wanted to add as many cross-overs from other big hits in the genre as they could to guarantee ticket sales.
The three movies Disney selected that they wanted elements of in their film after Lucas' acquisition were the following...
Lord of the Rings
A lot of behind the scenes deals and profit sharing have been in the works on this with three studios--all under NDAs.
The new movie will be set after the final Matrix trilogy and the final Star Wars episode. It will be set in the Matrix universe after Neo brokers his deal with the machines--but then Agent Smith resurrects and begins the dram/story for the planned film.
In the Matrix universe, Agent Smith is able to reassemble his self/code but is a rogue program. He basically is lurking in the Matrix much like the rebels from Zion were. Humans and machines are "giving each other a chance" and he is powerless to take them on alone.
As humans become more accepted, their stories and ideas and legends from the past become more and more incorporated into the Matrix world. Because machines and humans are cooperating, they are able to create new "fantastic" realities--like Neo did but even larger.
Agent Smith is trying to find some way to use these concepts and discovers a film archive in the machines human records. Three of the films he finds are Star Wars, The Lord of the Rings and The Matrix. It is in viewing the last two that he realizes he is the machine version of Neo--he has been in their literature all along just as Neo popped up ever generation in the Matrix.
Agent Smith subtly introduces Star Wars into the reality of the Matrix. People accept Jedi, Sith and the Empire as real. He simultaneously creates a new Middle Earth on the island of Australia and opens it to humanity--the two worlds merge.
At that point, like Neo, he "steps into his own" (like Neo did) and takes the role of the Sith emperor and Sauron. Weilding the power of the Dark side of the Force along with the One Ring, Agent Smith becomes unstoppable.
Neo realizes their only hope is to "become" the Jedi and the "Fellowship of the Ring" in order to stop Smith.
Carrie Fischer returns as an older and wiser Princess (now Queen and a master Jedi) Leia and is recruited by Neo. Morpheus travels to Middle earth and assembles a fellowship of both gifted humans and programs working together to take the Ring from Smith while Neo and the new Jedis counter his Sith powers.
The film leads up to an epic climax where they fate of all machines and humanity is decided finally.
It is tentatively titled "Star Wars: Episode VII...Return of the Smith".
Hope that's helpful.