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Greg transcribed; he did not translate. This unexamined binary (and prejudice) structures Greg's career, and has deeply influenced subsequent Anglo-American editing. The binary also explains Greg's neglect of Jerome, the most influential editor in the Western tradition. But transcription is a form of (and synonym for) translation; both belong to the larger field of transmediation, a practical and conceptual category that links the work of editors as different as Jerome, Greg, and McGann. Transmediation offers a more useful paradigm for editorial theory and practice, while also explaining (dispassionately) many of the disputes that have so passionately divided modern editors.
Gary Taylor (Thu,) studied this question.