I am not 100% planning on translating it, both because it takes time and the possibility off a more experienced translator deciding to picking it up, i just had wondered how a great game like this doesn't have a translation and many "meh" ones have, so i decided to take a look what it seems to be stopping it, and in my opinion it's because of the engine and knowing no easy way to extract the text from the game and edit. While in RPGMaker it's very straightforward for any translator to work on.
So i think that if people want this game to be translated, it would be good for a programmer to lay down the bases for it, maybe make a post with the necessary files, even a UI (although not necessary it does make the process faster, softwares like translator++ was a hell of an advance).
Anyway, i think if something like that was available the possibilities of a translator picking it up would be a lot higher, and maybe if no one does it, i may pick it up myself in the future when i'm less busy. And yeah, i would make a natural translation, not those bizarre MTL that sometimes you find in this website. I prefer playing the full Japanese game instead of those.
Oh, and in case you or someone else end up finding a way to make translating this game less of a hassle (like being able to extract the text files to begin with) you can post in the ULMF, this game was basically forgotten there, not because there isn't an interest, but because people couldn't even load it in win 10 some time ago.