Did George Lucas tell Simon Pegg the Star Wars prequels sucked?

Those of us who've always felt the Star Wars prequels were a bit of a letdown from the original trilogy always hoped George Lucas would man up and apologize for them. And according to Simon Pegg's new memoir, Lucas may have done just that.

Pegg, who portrayed Scotty in J.J. Abrams' Star Trek, recently published an autobiography, Nerd Do Well, in which he talks about his prequel disappointment. In an interview with Slate, he was asked to explain why those films "just didn't measure up," and after he was through venting, he was also asked about an encounter he'd had with Lucas:

Slate: You do end the chapter about your Star Wars disappointment on a happy note, when you describe meeting George Lucas, and he tells you, "Just don't suddenly find yourself making the same film you made thirty years ago." It's like he is admitting he knew the prequels weren't up to snuff.

Pegg: And also the idea that it happened because he doesn't trust anybody, by the sounds of it. That's my take on it. That back in the day, he was forced to collaborate, whereas when he was a superrich walking studio, he could just make all these decisions without deferring to anyone. And that's when it all went wrong. Not because he's not smart, but because it's just better to collaborate. I dread the day that my friends stop saying, "Wait a minute, that's bad!"

Did you think Lucas admitted to Pegg what Pegg thinks Lucas admitted? Or is it all just wishful thinking on his (and our) parts?