Interestingly enough, the Latin alphabet exists in the Star Wars Universe as the High Galactic alphabet. However, I doubt it would be used on bounty scanners, especially since a two thirds of the galactic population couldn't even read it. It really depends on whether the mod should lean more toward canonicity or faithfulness to the original game. That's why I like @@Botdra's idea of releasing different versions, so the user can decide how he/she wants to play. However, I guess your idea would be a good combination of both accuracy to the Star Wars universe and, um, nostalgia?