The translation has been prepared in such a way as to highlight instances where the text of P46 diverges from the most recent critical edition of the Greek New Testament. [i.e. NA27]
That, the attention paid to corrections, and the use of the same line layout as the manuscript, could make this quite a useful tool for students and others. I have had only a brief look, but you can find it on this page: click on the link under the photo.
Similar translations for P45 and P47 will appear in due course.