JudasIscariot: I've read up a bit about Elona+ on /rlg/ the roguelike general thread on 4chan's /vg/ board and it looks interesting but it seems to have a ton of grind :D
I have downloaded version 1.4.5 (I think?) but I am unsure about the translation as it has an English translation from Japanese.
About translation:
In original 1.16
Japanese version have cutscenes which explain plot. English version simply tells you your next dungeon and what should you get there.
Everything else is translated (with small bits of Engrish here and there)
In 1.45 E+, which you downloaded
Some untranslated sentences related to new "not very significant part of gameplay" like NPC giving tips for beginners
Quests on third continent not always translated (original have only one continent)
Some descriptions missing.
Basically, nothing gamebreaking for first 100+ hoursXD
About grind:
1.45 E+ have an option to play with x20 experience gain on skills. - Good for learning basics.
Elona have some shortcuts which let you become strong enough to finish main quest in 1-2 hours without this mode, though.