I'm thinking of taking on Monster Maker III and SD Gundam Gaiden The Great Prophecy as an attempt to translate via Let's Play. Probably a bad idea but we'll see where that goes.
(I play, then go back in an using my super-crappy Japanese skills and machine assistance to give probably bad translations to at least try to figure out what the games are about.
Of course if I want to attract interest I should probably try going faster.)
I've been using Annotations, when I probably should use subtitles, though I recall the later not working well for some reason the one time I tried.
I had also considered Romancing SaGa, but then like literally the next day after I recorded my first session, the guy on RHDN currently working on the translation shows up.
I've also begun work on Casper, basically using Tashi's script but my own hacking. (if there's one thing I've learned, trying to hack someone else's hacking usually doesn't work out well)