http://cfc2english.blogspot.com/
Flavor has been working hard on this for quite some time now. I believe it was started years ago, put on hold, then started again in recent months. Now he has finally released the finished version for everyone to enjoy. (though as he notes, it may still have bugs yet to be discovered and fixed)
I have yet to try it out, but I wanted to tell everyone here right away. I know there are quite a few who love the first one who will appreciate the opportunity to play this in English. I hear it's much more challenging than the first as well.
If anyone tried this out, please post your impressions. I'm in the middle of a couple other games I need to finish before I start in on this one.