The team over at DQ Translations has released its long-awaited translation patch for the PS2 remake of Dragon Quest V. Here's a video showing the pixelated (or maybe I should say polygonal) fruits of their labor:
Honestly, I shouldn't describe the patch as "long-awaited," as I didn't even know it was in the works until it was released. Don't take that as an indication of my interest (or lack thereof) in the project--I just don't pay attention to such things (e.g. PS2 fan translations) because I'm unable to benefit from them. (My PS2 hasn't been modded and my PC isn't powerful enough to run PCSX2.)
If you are able to benefit from such things, by all means give this patch a try. Dragon Quest V, with its multi-generational plot, is one of the most unique JRPGs around and, as such, is well worth your time.
See also: 'Reason #843 to be thankful for fan translators'