What exactly would your part be in such a project? You say you can't translate and you say you want somebody else to get the script dumped... so?

In any case, you're totally wrong on many aspects. All text being textures only applies to a few games, not to this one. The font is even nicely compressed and would have to be edited for an English translation. And after that, who did you want to have your script translated? A SRW game usually has 2-4MB of text. Translators for that aren't exactly common. And even if you got all that text translated, for a menu heavy game such as SRW there is ton's of menu (ASM-) hacking to be done, which is especially hard on the N64 to do due to the lack of decent debuggers.

No real need to be deleted in my eyes, good luck with whatever you pick up.

May I recommend opening up a tile editor, and just looking through stuff; as well as getting to know hex in general.  Generally just basic things that give you a feel for whats going on.