Yeah, I'm quite disappointed in Edwards. Like, his first real break was Godzilla. Then Star Wars. He proved himself quicker than most and had potential to direct a few more high profile blockbusters before a new director makes their mark in Hollywood. I feel as though Edwards is throwing in the towel way too early. There's plenty of time to pursue smaller, indipende projects AFTER you've made a killing and yourself a household name. I don't see Edwards bouncing back in the same way after this.
It's really quite unfortunate and a let down, especially considering his enthusiasm for the sequel.