I am, though I've spoken with 4lorn on the topic.
The text is in sprites, which are compressed data.
There isn't enough space - either on screen, or in video memory - for a translation like yours.
Also, there are a couple of differences between that and my understanding (for example, "Aneki" seems to refer to the kidnapped Doctor character from the intro)...
In any case, although it's a small amount of text, it will be quite a bit of effort to make it fit and do the technical side/insertion.