You kind of saw this one coming, didn’t you? You can slap a new coat of paint on it, but it’s impossible to escape the fact that “Star Wars: The Phantom Menace” is not a very good movie at all.
Here’s a snippet of the review from Brit film site HeyUGuys:
“Years later, and the trilogy complete, The Phantom Menace takes the stage once again, this time in 3D, and while the extra dimension was never going to change the film in any epiphanic way, it’s a shame that the 3D adds nothing to the film. For those who took issue with the film in 1999 you’ll find that time has not been kind and a dull curiosity may tempt you back into the cinema but the numerous problems of the film will always weigh this film down.
The final light sabre duel still looks great, though riddled with narrative oddities, and there’s no doubting that Darth Maul is an excellent addition to the Sithsphere, but the bloodless Jedi characters and feckless narrative drive are still like cinematic molasses. Dave commented during the early part of the film, ‘zzzzzzzzz’.
The 3D post conversion varies wildly in quality, adding nothing save for one soaring shot of a floating platform high above the surface of Coruscant which induces a moment of stomach-churning vertigo. The pod race has its moments when the vast engines of the racers loom large over the manically paced background but these are sparse exceptions to the rule.”
The Cineaste's Lament. 