The font is pretty much fixed, as well as (most likely) commas, release is scheduled at the 2nd week of October.
Category: danganronpa
28 character limit fixed
Danganronpa 2 PSP English translation
The goal is to back port English translation from PS Vita to PSP
So far the game sorta works, need to solve the limit of 28 characters, translate the menu and fix other issues.
The progress is very very slow
You can download the development version here
Finally some screenshots