ImperialXT here, most of you by now i assume have noticed we have released the first episode of Densetsu no Yuusha no Densetsu. See the links at the end of this news post for info about the series. This series is based off a series of novels and is done by the same studio who did Koukaku no Regios.
First off, this project is not top priority. It is what we are calling a back burner project, which essentially means we are working on this in our spare time, so there is no set release schedule.
We know that we are starting this fairly late, but we will catch up pretty quickly. Episode Two should be out by the end of the weekend, and we do have further episodes already translated. So while we're aware that this is a very late release, we hope you'll stick with us while we get this project out.AniDB
P.S: The english name of this series is "The Legend of Legendary Heroes"