I think for this purpose a small model will do reasonably well
I tried this with an AI subtitle translator thing I built for myself. Mid-tier models were considerably cheaper but "reasonably good" doesn't cut it in translations, the output language was too janky or used the wrong words. I had to bump it to Sol level (at the time) to get "good / very good" output, which was enough for something I intended to use once.
If you think the former is a likely hypothesis, then why did you even click on TFA?
As for your question, seeing what others are doing helps one decide both what to do and what not to do.