Is the PSX versions of the Lunar games the best way to play it? I know there's the Sega CD version and the Saturn versions but idk if they have translations or if they're even that much better.
Apparently the remasters are going to have an "old graphics" mode unlike the Grandia remasters so they might not end up being complete dogshit. More screenshots
here.
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Sega CD version was also translated by Working Designs. The maps and some of the story beats were changed by Game Arts (original devs) when they made Complete for PS1/Saturn and YMMV on those. No matter what English version you play, I'd recommnd the Un-Worked Design patches to undo some of the game system changes WD made to make the games more difficult (esp the 'pay to save' functionality in Eternal Blue on the Sega CD).
SegaCD has sprite-based cutscenes ala Ys I and II on the Turbografx-16. Playstation and Saturn switch to anime FMVs. Saturn and Playstation also have more voice-acting (although the English PS1 versions cut some voiced lines because they mostly reused the original recordings and couldn't get the original actors to come back and add in the new lines).
The Saturn version is largely unremarkable. It has better music according to some people than the PS1 version but it's not a massive difference and more a matter of taste. Saturn version also tends to run slightly worse (there are slowdowns in some parts iirc) and the FMVs look terrible unless you have an MPEG addon for your Saturn (and even with the addon they don't look as good as the Playstation's FMVs for some reason). I don't really see much reason to pick Saturn over PS1 if you're playing in English.
EDIT: Also I can't believe I forgot the most important part about the Saturn versions - they're not available in English. JP onry
Personally I grew up with the PS1 version and consider those the definitive old versions. The SegaCD games suffer from the general low-saturation you saw on the Megadrive/Genesis due to palette limitations and I feel like it ends up making the games feel a bit bleak (though some people love that).
The PSP version is not worth playing. It was not adapted to the smaller screen size well and has a ton of softlocking bugs.
No retranslations exist. If a game is already in English it usually needs a dedicated autist and simping fanbase to do a retranslation. Lunar has neither.
See also the reason Wild Arms 2 does not get a retranslation.
I actually think we're getting a retranslation for this one simply because Vic Ireland owns the rights to the original English script and has been kind of unhinged when it comes to rereleases because he wants to be personally involved if they're using his script. That's why we didn't get Lunar on the Megadrive mini console in the US and Europe even though it was on the Japanese version.