I havent heard anything about jump ultimate stars actually getting translated to begin with....
Besides it just depends on the game as to how long it will take. But so far i dont think anyway has actually said they will even pick up the english translation for this...hopefully someone does though since ALOT of people would really enjoy it.
Really? There is a 1,000+ post thread that is stickied and you've never seen it? They supposedly have 200+ members going about the translation via a wiki-system, and they hope to be done around October or November. I think the big "problem" with pushing it out is they want a full translation, whereas most people just want to know the basic movies and the mission data (apparently there is a lot of background information on the different comics/characters that is somewhat extraneous to actual gameplay).
Back to It's a Wonderful World, hopefully we won't have to wait too long for an official word, isn't the next big SE announcement coming September 20-23rd (I know they are announcing the new Kingdom Hearts game at that time).