A month late, but here’s some interesting news from the Segagaga Translation project:

We’ve almost reached a checkpoint in our work. I’ve smoothed the bumps from the translation for the Lab A gameplay section; I’ve got English subtitles on the movies that play through the first part; and the incidental text (such as the descriptions and names of items) has been done for a while. As soon as we plug the English text into the game and give it a whirl we’ll be ready to release a demo patch that will make everything up through the end of Lab A playable.

Source: James Howell’s 1UP Blog