Finished Dragon Quest 2 (SFC version)! Final party was level 29/27/22 if anyone cares.
Overall I really liked the game. It's very similar to the first one just on a bigger scale. In the first Dragon Quest you had this island to explore, now it's a whole world. But you still have to find the right clues to find what you need to somehow get to the final boss. And I really like that. From the moment you get the ship you're free to go whereever you want. Today it's a really liberating feeling not to have an arrow pointing to your next destination at all times. There's no quest book to keep track of all the clues and to point you in the right direction, you have to figure it out yourself and that's actually how it should be. Just make sure to take notes from time to time because I sure didn't and sometimes had to sail around the whole world just to find the right person that gave me that one clue because I couldn't remember the specifics of that clue. I didn't like the hiding places of some items (like the Sun Crest and Dew's Yarn), though and especially the hint for the Sun Crest wasn't really helpful.
There's two things about this game I would do to improve it, though: First the game should have a Zoom spell and second there shouldn't be enemy encounters while sailing. I guess just having one of those changes would already fix the other.
I have to say a few things about the fan translation. There are actually two versions of it, a "Dragon Warrior" version that keeps the names from the original translation and a "Dragon Quest" version that's supposedly closer to the Japanese original. I played the latter, but I really wouldn't recommend doing that. It's a buggy mess. The worst of them all is that endless loop I posted about above, so if you're unlucky you can actually get stuck in the ending. Even after that point there are lines completely missing, some characters retain their old lines instead of new ones, etc. Aside from that I encountered a duplicated character which can screw up your party if you talk to him, messed up prices at an inn, lines missing, lines overlapping and a lot more stuff. I only used the "Dragon Warrior" version to get through the ending, so I can't really say if it's that much better but at least I could finish the game with it. But even in that short time I saw messed up text placement and some awkward translations.
There's no other translation for the SFC version, so there's no alternative if you want to play this in English, just be prepared for a very messy patch. For its final "fuck you" the patch crashed my emulator on the ending screen. It seemed like a fiiting end.
Now the next DQ game I want to play is the SFC version of DQ III, which would be the last mainline DQ game (apart from X) that I still haven't finished. But I'll probably play something else first.