Okay, so the rumor is the TV show is "The Young Luke Skywalker Chronicles." Let's just look at the stupidity:
-Luke is going to be a whiny teenager 24-7 (or however they measure time in AGFFA) so it's essentially going to be "Dawson's Creek Wars."
-Luke doesn't have a lightsaber yet, having him know anything about Jedi skills whatsoever (even subconsciously) would go against what Lucas established in IV-VI, and Luke's whole life prior to the droids showing up was supposed to be boring and mundane (hence his desire to get away to the Academy).
-44 minutes a week of moisture farming adventures! WHEE!
-Characters we already know and love (even though they are played by different actors in I-III and IV-VI) will be recast yet again, likely with whoever they can get cheapest without much concern for the actual look or quality of the actor.
Sounds like a real winner to me.

I have always had a bad feeling about a live-action SW television show, and if this whole "Young Luke" rumor is going to be true, I'm not even going to waste my time watching it.