As announced at Anime Central 2003, MttK has been licensed by Pioneer Entertainment. The official American Title will be Someday's Dreamers. At this moment, only the anime has been licensed. The Age Rating is 13+. Expected release date for volume one is November 11, 2003. It seems this will be a three volume series, four episodes each.
Pioneer will be releasing the dvds in two versions, Limited Edition and Regular. The only known difference based on the first volume is a high-quality art box. I also believe (though it is vague on Pioneer's site) that the Limited Editions will contain collectible post cards1. The dvds will be bilingual (English, Japanese, English Subtitles) and contain the following features (for vol 1): Interactive Menus, Creditless Opening and Ending, and a Music Video featuring THE INDIGO (They performed the ED song).
Pioneer will also be releasing the soundtrack to Someday's Dreamers. The liner notes will contain Romaji and English translations of the songs. The soundtrack will be coming out on November 4, 2003.