Translated by Little White Butterflies. They usually upload their own stuff, so if they do so later (or my browser is just lagging behind and they already did), I'll delete this gallery.
http://www.littlewhitebutterflies.net/

What the actual fuck...
LWB, awesome as usual.

Base +6, cAntW0 +7, Red_Vodka +9, Master Fapper +5, larrythepeanut +6, Hellscythe123 +9, B25Mitch +7, shadowsteel +7, Hentaiguy25 +4, Killer_Kittens_Klub -8, faytT +8, nomber +19, Deserex +8, and 12 more...

Wow, that was fast. The raw was just barely uploaded and already translated.

Base +11, cAntW0 +7, Red_Vodka -9, METALhawk +9, Killer_Kittens_Klub -8, faytT +8, altereggo +19, MishaLover +9, zhr +5

It says something about porn freaks as a whole when this gets translated a few hours after its RAW is put up yet it takes a good while to get other things out there.

I mean seriously.

Base +5, Schroedinger -8, PUNCHING PEOPLE +4, cAntW0 +7, Red_Vodka -9, someone9876 -13, Hitsuyou-H -19, METALhawk -9, Killer_Kittens_Klub +8, ultimate anime otaku -12, deuce22 +10, shm -7, zhr -5, and 4 more...

WTF am I reading

Base +7, Master Fapper +5, larrythepeanut +6, Speed eraserX +9, Killer_Kittens_Klub -8, faytT +8, deuce22 +10, nomber +19, Deserex +8, grumpymal +29, JRockefeller +7, danixxx +30, jaylou1010 +8, and 6 more...

MLP doujins?
I don't want to live on this planet

Base +9, shadowsteel -7, someone9876 -13, Killer_Kittens_Klub +8, faytT -8, deuce22 +10, Candle_Massacre +6, Kyotaro +10, altereggo -19, Dark Mac -15, shm -7, MishaLover -9, zhr -5, and 3 more...

Blurk didn't want to upload this one as a) he doesn't like MLP and b) there was already a (bad) english version

but we forced him to post it but it's on mediafire which means it has a half-life of 0.3 hours

Base +23, Killer_Kittens_Klub -8, grumpymal +29, jaylou1010 +8, Spring Heeled +7, Hellscythe123 +10, Hymmn0s +2, kirby6 -6

sniff* Follow your dreams Colulun! You've got America by your side!

Base +7, faytT +8, deuce22 -10, someone9876 +13, METALhawk +9, MishaLover +9, zhr +5, XyDivineyX +8, kirby6 -6

isn't there another English one?

Base +9, someone9876 -13, Paptimus Scirocco -4, Hymmn0s -2, findm -9, jaredcesc +7

I've been waiting for a MLP manga for months and the first thing that comes out is a hentai doujin? I am disappoint. :(

Base +6, deuce22 -10, Ziggeraut -6, altereggo -19, someone9876 -13, shm -7, MishaLover -9, zhr -5, Paptimus Scirocco -4, Hymmn0s -2, findm -9

Another glorious example of rule 34 at work here

Base +17, altereggo +19, jaylou1010 +8, MishaLover +9, zhr +5, Paptimus Scirocco +4, Hellscythe123 +10, Hymmn0s +2, kirby6 -6

What the fuck Japan?

Base +5, altereggo -19, grumpymal +29, someone9876 -13, MishaLover -9, zhr -5, Paptimus Scirocco -4, Hymmn0s -2, findm -9

too much censors =(

Base +7, Dark Mac -15, zhr +5, Hymmn0s -2, findm +9

@Tiw: I don't dislike MLP. I just thought you guys wanted me to upload some random doujin to the blog for shits and giggles or something. You could've just gone through QC like everything else, y'know? >.>

Base +17, Hitsuyou-H +20, zhr +5, Hellscythe123 +10, kirby6 -6

Just NONONONO

Base +7, someone9876 -13, shm -7, MishaLover -9, zhr -5, Paptimus Scirocco -4, Hymmn0s -2, findm -9

What? MLP made it to Japan????

Base +6, METALhawk +9, MishaLover +9, zhr +5, kirby6 +6

You Ponyfags should die in a fire.

Base +7, someone9876 -13, Dark Mac -15, shm -7, MishaLover -9, zhr -5, Paptimus Scirocco -4, Hymmn0s -2, findm -9

WHAAAAAT THE FUUUUUUUUU? JAPAN TOO?!

Base +4, zhr -5, Paptimus Scirocco -4, Hymmn0s -2, findm -9, jaredcesc +7

I'll just cheat and give this the same review as I gave the other one:

Dear Princess Celestia,

Today I learned that when you take a toy line for little girls and turn it into an all ages hit TV show, somepony will always try to make a sexual parody of it. I also learned that with a little Lovercraftian and Faustian anime references, anything that would normally be gross or creepy just comes across as good humor.

-- Your faithful student,
Twilight Sparkle

P.S. This translation is way better than the other one. It even has a translated comment by the author, and the font is far superior to the quick translation's dull typeface.

*strikethrough*P.P.S. The author should totally do a Rarity one. This is Twilight, and not Spike trying to add his comments in as her own or anything.

Base +20, someone9876 +13, jaylou1010 +8, Roxas12854415 +7, Spring Heeled +7, zhr +5, Moku -9, Hymmn0s +2, kirby6 -6, hcxangel -7, Hitsuyou-H +30

Cuuuuuuuuute!

Base +11, zhr +5, MalkavianJD -6, kirby6 -6

I assume Mami references are as tired as arrow in the knee jokes, but it works, I guess

Base +10

This is SO wrong..

Base +1