I'm not impressed.
It's not so much that I'm concerned about the relative quality that can be achieved, it's simply that Star Wars humor is cool in doses, but I'm not sure if it's something I'm going to want to watch often enough to carry a sitcom... and I think that is going to be a problem for a lot of people.
On top of that I'll be honest in saying that if they are going to play around with Star Wars on TV, I think it would be better for them to work on doing an actual, serious, TV series rather than any kind of a spin off or mockery of the source material.
See, if I was doing this I'd probably work on a premise like having an evil Sith empire controlling everything during one of the Galaxy's dark cycles which is about to change, the force going cloudy for the bad guys, and these "Jedi" guys only remembered from ancient legends start showing up and kicking the living crud out of them. More or less the existing Star Wars storyline in reverse, covering the tiny handfull of now extremely powerful Jedi who inevitably bring an end to the Sith (ending with a period of balance) at least for another cycle where at the end the Jedi inevitably will fall again and be replaced.
Since the Star Wars universe is supposed to work like a wheel with good ruling, and then evil, with each change represented by a period of relative balance, something dictated by The Force (and this is why Kreia wanted to destroy it in KotOR II, to obtain true free will and break free from fate and destiny, a storyline apparently developed with input from George Lucas according to many rumors), the exact time period doesn't matter. It could be a story set way in the past many cycles before KotOR or way in the future well after the events of the movies and any of the novels or whatever, part of the entire point is that it doesn't much matter. I believe the way the universe cycles is also why there is so little in the way of technological development and things stay relatively constant excepting a few super weapons... everything constantly winds up getting knocked over every so often.
Do something like that with the FX/budget of a series like say "Andromeda", "Star Trek", or "Battlestar Galactica" and I think it would be quite successful.
Star Wars satire might hold down the occasional bit here or there, but we're talking about what is dozens of hours of material if it's produced, not a couple of features from "Robot Chicken" or "Family Guy".