Even though I did this years ago, it was the most fun I’ve ever had translating anything, so I felt like posting it here.
It’s the second Madoka Drama CD. You should probably be familiar with the series before watching it, but knowing the other drama CDs doesn’t really matter (they are good, though). It’s hardsubbed to a manga-style video done by Darkside氏. The original video can be seen @ sm16386976. Darkside氏 did a similar video for the first part of farewell story @ sm21121305.