Translation:
 
It’s Japanese!!
 
It’s amazing that Twi and everypony are speaking Japanese. Japanese VAs really do have cute voices.
 
Applejack’s unexpectedly feminine voice caught me off guard…
 
So she’s a bokukko now. A bit lacking in “powerfulness”, perhaps.
 
(My loli pony) AB’s valuable moe scene was way too cute. Was AB really that cute?
 
(Fluttershy is heeeere!) The level of bashfulness and gentleness was probably better in English, but she’s still really cute.
 
(Rather than a high class voice, it’s an erotic voice) Rarity, that voice was erotic, wasn’t it?
 
(Luna-sama has come!) That loud laughter was great.
 
Pinkie’s VA is trying really hard.
 
Well, for now the ponies are cute. I’m looking forward to next episode’s appearance of Celestia and Pinkie’s song.
 
Having said that, my ears still haven’t got used to the dub. The real OP should go “Mai riro ponii”! [a running joke on the NicoNico fansubs is people mishearing “little” in the opening song as “riro”. Another one is “…ship could be” becoming “chikubi”, which means “nipple”]

What does it say!?

looks like someone’s gone and punched Andrea Libman in the cheekbones. Sheesh.

Ah… first episode picture.
 
I actually can’t wait to see some people in Japan’s reaction to seeing ponies for the first time.