LOAF and the folks in #Wingnut have done an amazing job transcribing all of the hundred or so cutscenes included in Privateer 2. The script they've developed is quite a marvel, but there are a few difficult words and phrases that have not been made out. Of particular usefulness would be some British fans to help decipher some slang and pronunciations. You can check out the current transcript here. See the lines marked with a ??? to help.
Finished transcribing disc two of Privateer 2! ...but we need an English ear to help figure some lines (marked ???). It's high time we fans formed our own Avuncular Order of Hom (Bex's beer-based religion).
Edit: Some tips on how to play the movies off the Privateer 2 Disc:
HCl's movie player will play them (and also convert them into AVIs): http://hcl.solsector.net/movie_player.html
Back when the game came out we had a neat trick for playing all the videos, too--you could rename any of then files to match the Origin logo (ORIGIN_S.TGV, I think) and then the new video would play instead of the logo was the game started.