I'm glad to see the fans take this into their own hands. The video there is looking pretty good. If they can manage to fix all of the really major issues with the PC port, then this will be a real treat.
I actually agree with this. I'm actually surprised that they haven't contacted them to expedite it since XSEED seems to have no qualms with licensing fan translations in the first place.
I feel like it's a lot less likely they'd do it with Kiseki than with Ys or Zwei, for a few reasons. In the case of Ys, I, II, Felghana, and Origin were all done by the same team, and thus were internally consistent already. XSEED only had to tidy things up a little here and there, adapt the games for more modern systems, and release. Zwei 2 was the first game that XSEED released from its respective series, so they didn't have to worry about consistency. And in the cases of both Ys and Zwei 2, the fan translation scripts were already done (or virtually done) and quite polished when XSEED licensed them.
Kiseki is a much more complex and continuity-heavy series, of course, and so I think that rather than try to check over every inch of the Zero fan translation to ensure its accuracy and consistency with previous series localizations (which would take ages on its own), XSEED would probably want to do their own localization from scratch, with the same people who are usually involved.
There's also the question of whether the quality of the editing would be on the level of the Ys or Zwei projects, which would significantly affect how much editing of their own XSEED would need to do. And if the edits would be significant, they'd need to worry about keeping stylistic consistency with what's already there... If it were to get to the point where they'd want to make heavy edits throughout the whole project, it might just be easier to start with a fresh script rather than starting with someone else's already-edited work.
