I havent downloaded it, but I think AssSubs has a file called ssa/ass in their torrent, this means it is not hardsubbed.... You'll need to download and instal vobsub, and make sure that both the raw and the sub file are named the same...

I'm not downloading this version, which seems much worse than Shinsen (I bet you've never seen me say that before)... So my recommendation is to wait for shinsen or for some other group to release...