Any updates to this? I just started the game I would really prefer japanese with eng subs. I don't know if I can stand the english voice acting for very long.

Don't believe anyone is working on it. I've made the Shenmue movie available in Japanese with English subtitles.

http://www.youtube.com/watch?v=vclsytCkjG0

Out of touch is a very good thing. If modern gaming is being in touch, I'd like to loose focus, hear fuzz and wake up on the wrong side of the bed.