There are an increasing number of outlets for fansubbers who want to work legitimately; by far the most exciting of which for me is Viki, as they're focusing on classics and have a simple interface anyone can contribute to (very easily at that, I've contributed some translations myself). However, most of the discussions on it seem to end up as a catfight about the rights of fansubbers to be individually credited for their translations rather than the exciting opportunity to spread anime to the masses that it should be.
I'd like to see the stuff on Viki eventually getting physical releases, potentially, but reuploading CR rips and subbing half a dozen variants of the Naruto anime seem to be the priority for the majority of people.
R