The Phantom Menace is not a good place to start with Star Wars. But I see that you're now watching Jay And Silent Bob Strike Back. Great movie.
As far as Star Wars is concerned, I agree with the comment about watching them in the order they were made. Just in case you don't know since you've never watched them before, this would be A New Hope (also known as simply Star Wars, although A New Hope is the actual title), The Empire Strikes Back, Return Of The Jedi, The Phantom Menace, and then go see Attack Of The Clones in the theater.