Translation is 100% possible and 100% doable - it will just take some people months to do it is all.

you will need some form of dll editor like FLED-IDS

You will also need a team of poeple - basically 6 should do it okay

Yea, like chips said, the text in the game, is almost entirelly inside the .dll's, and can be edited easily with the formentioned utility... I also wonder what charecter control set you would use while doing the editing, and if any of those charecters would be a problem for freelancer to process.. I.e. stuff like éíñòà any of those funny non-english charecters

But, in addition to that, you would also have to swap out all the .WAV audio files relating to speech.

lol - good point, you could do your own voice acting for the story too

Yes, it's TOTALLY editable. Get a DLL resource editor and two-three weeks of free time.