by Short he means ~300 years since KOTOR 1, with a potential ~4600 years of canvas to work with before the events of Phantom Menace.
We had a Star Wars MMO based in A New Hope era. It was called Star Wars Galaxies. And, until Sony ****ed it up with the Combat Upgrade and the NGE, it was amazing. NGE made it so anyone could roll a Jedi, which pretty much took the established lore of the era, doused it with diesel fuel, lit it on fire, and pissed on it to put it out.
not to mention the fact that they took a ****** open-ended sandbox MMO and made it into another WoW clone.