I just got done getting PJ64 to work. Depending on if you use an exploit to get your dashboard modded is to whether the same thing will work for you. I personally use the bert and ernie reloaded font exploit, so this is how it works for me.
Download (from the usual places of course).
Use xbedump with the -font flag on default.xbe and PJ64-rice5.xbe (the one that is default), upload it all and it should all work.
I hope this helps