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I have mixed feelings about the news, as i'm sure most people do. Star Wars is something that the fans hold dear to their heart, and they don't want it to be screwed with. Like the first release of the original trilogy on dvd, with all the changes nobody wanted.(greedo, fett's voice, anakin's ghost, etc..)
I will say that I am somewhat excited about a new movie, Disney or not. I flipped my stuff when Episode 1 was announced, and I remember checking starwars.com constantly for updates. I was fourteen when it finally came out. Was I a little disappointed about some of it? Sure, but it was still Star Wars, and I loved it.
So I guess we'll see what happens with Episode 7, can't wait.