SP and Ash both want to do it, but it's not yet decided whether they'll be working together on it ... Me and Ash might do a proper version of LP - just a translation with fixed bugs, if the hack will have too many changes (it's very probable this will happen in the end).
You there have a great opinion of the Light Platinum changes. Fortunately, it looks like there'll finally be a normal translated version. I don't know what SP was thinking ... Ash493 told me to look at PC, because I haven't been there for a long time and I couldn't believe my eyes. I struggled with SP once in the past about his changes, but he replied that he had permission to do all this and now I came back and I found a closed topic and a bunch of SP's silly ideas like Ash being a trigamist. So I encouraged Wesley not to let SP do this to his hack.
And Ash493 ... he just didn't want to disappoint the people, who were looking forward to the translated version and wanted it as soon as possible.