I'm going to be picking this up as my next project. I don't usually like announcing what I'm working on until I know for sure I'm going to finish it, but I want to deter anybody else from translating it and killing my motivation. (I'm mostly afraid of dazed.) I drop like half the games I start translating, but this one looks like fun to do. I'm actually surprised nobody's taken this on yet, maybe people are just tired of the "alchemist paying back a debt" plot.
I don't have a grasp yet on how long this will take. I'll post an update as to where I am in a month and I should have a better idea by then.