No.  We have a lot of things on our plate and this issue is not something that can be fixed quickly.

Take a look at ~/Projects/ProjectTsk.ascx.cs.  After we select the data, we localize the STATUS field for every row in the table.

foreach(DataRow row in dt.Rows)
{
   row["STATUS"] = L10n.Term(".project_task_status_options.", row["STATUS"]);
}

You have to do the same thing in the reports, but you need to make sure to localize any and all fields that need to be localized. 

There are two tough issues here: 1) you need to determine the fields in the report that need to localized, and 2) you need to determine what list name to use when localizing the fields.