is the most up-to-date playable translation of RS2, but by that I mean it's been more than 13 years since it was updated. Sorry. You can download a pre-patched ROM here
However, AGTP, one of the most prolific translation groups out there, has recently started working on the project.
It's only at 5% so don't hold your breath.
I have 3 and it's a great game. I thought I picked it up here ages ago but I see it's not here now, so I may have gotten it elsewhere I guess. Either way, like I said it's a great game, and I think more people should be able to play it. I've heard even better things about Romancing SaGa 2, but sadly I can't find that anywhere. To be honest, I'm not even sure if an English translation for 2 exists. But if it does I bet you guys can find it.