With wude's instructions, kakuzawa's swapper, and the Stentrad Team's notebook editor I was successfully able to mod Shenmue II Discs 1 and 2.

Thanks everyone! =D>

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/IwaoRevived_zpse1889c98.jpg
Iwao has been revived from the dead and is on the dock.

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/ChaiNLanDi_zps16a94792.jpg
Lan Di and Chai are also hanging out on the dock.

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/JimenezTheGirl_zpsd69fa0a7.jpg
Jimenez acts like a scared little girl.

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/ToughLilGirl_zps4760bf1b.jpg
A little girl arm wrestles with Sam as the bookie.

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/GuixiangOnMotorcycle_zpsd9611b39.jpg
Guixiang goes crazy on Joy's motorcycle!

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/HawaiianGang_zps93a60953.jpg
The Hawaiian shirt gang!

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/DrunkXiuyingNHanhui_zps2c540957.jpg
A drunk Xiuying and Hanhui try to kill Ryo.

http://i1308.photobucket.com/albums/s619/RenDanComeOverGH/RenDanChildish_zps7da08194.jpg
Ren Dan acts like a child.

Hope y'all got a good laugh. :)