Yup, its true!
A kind person from kh-vids.net has SUBBED the Re:CoM cutscenes to start with! Isnt that great?
That means we can see what Axel, Larxene, Vexen, Zexion, Lexaeus, and Marluxia are saying!
The YouTube name for this person is:
Deathspank

Check out his videos for SUBBED versions of the cutscenes!
I wont post em, cos I am lazy, but here's Deathspank's YT:

http://www.youtube.com/profile?user=Deathspank

Enjoy~