The Last Story - Japanese commercial

No word on an English translation as of yet and I know we all are hoping for it. I seem to remember when Monster Hunter 3 was out in Japan there was a hacker that translated the game in English and made a downloadable ISO so people who wanted to play in English could. I hoping that Nintendo releases this in the US because it would seem like a ton of effort would be wasted if only the gaming community in Japan got to play this game.