Speaker has taken over the reigns, continuing where the original team left off.
So far, things are off to a great start: all the Battle Chips have been translated, with dialog strings to follow. At this rate, the project could wrap-up around April/May. That's the best case scenario, mind you. If worst comes to worst, we may not see anything until December-ish.
Speaker will be regularly updating his Twitter feed with progress reports and English screenshots, so check back often. If you'd like to lend a hand, I'm sure Speaker would like to hear from you. Drop your contact info in the comments, and we'll see what we can do together.