Note: The original song and video was by LamazeP, but was deleted. I just added subtitles.

Version 2 (Compared with more sources.)

http://b3net.omegasdg.com/videos/Hatsune%20Miku%20-%20Triple%20Baka%20(Subbed%20by%20Seisatsu).mp4

It took about an hour to add the subtitles.

I started by using previous translations for reference:
http://www.youtube.com/watch?v=OMenThq2HAI
http://www.youtube.com/watch?v=uRQTZC3uNW4
http://www.animelyrics.com/doujin/vocaloid/triplebaka.htm

Then I used Gaupol subtitle editor to add the subtitles and sync the timing. I mixed nice wording from both sources and fixed some grammatical errors.

It took another hour to find a subtitle embedding program for the video that actually worked.

I only know a little Japanese, so I can't verify the accuracy of the translation.