I really liked this fan poster for the upcoming episode VII, so I used it to talk about this article from Bleeding Cool:
From the article it sounds like this might be a going forward thing, with the Expanded Universe being cannibalized for ideas before being......taken care of. This makes the most sense to me, as I don't see how they can fold over 40(?) years of continuity into the new movies and have it make sense. I'm thinking some popular characters may survive and maybe a few key events, but most things, especially from the books and comics, is going to be officially ruled as not canon. But that is just my take on it.