The blacksmith said, "We'll wait".
The blacksmith said, "We'll go".
The blacksmith said to the young girl,
standing at the door of the barn,
that he was going to go courting.

The above is for the version where this is the first verse:
Ars' an gobha fuiricheamaid.
Ars' an gobha falbheamaid.
Ars' an gobha ris an ogha,
na sheasamh aig doras an t-sabhail,
gu rachadh e a shuirghe.

For this other version (only different in part, and using another word for "said"), where this is the first verse:
Thuirt an gobha fuirighidh mi
'S thuirt an gobha falbhaidh mi
'S thuirt an gobha leis an othail,
a bh' air an dòrus an t-sàbhail,
gu rachadh e a shuirghe.

The translation would be:
The blacksmith said, "I'll wait".
The blacksmith said, "I'll go".
The blacksmith said, in an uproar,
[who was] at the door of the barn,
that he was going to go courting.

The chorus and the other verses are the same in both versions, but the longer version repeats the verses again, in this order 2, 3, then 1]

Chorus:
Island of bothies, of bothies,
island of bothies, of bothies,
island of bothies, of bothies,
of Fingal's bothies.
Island of bothies, of bothies,
island of bothies, of bothies,
island of bothies, of bothies,
of Fingal's bothies.

I'd knock spots off the birds.
I'd knock spots off the hakes,
little lythes of the sea.
We would take a while hauling them in,
if our hand lines last
[I have no idea what a "lythe" is. Liuthail is an old verb meaning "bathe"].

We got nothing here.
We got nothing here.
We got nothing here.
We would take a while hauling them in,
If our hand lines last.

_________________
I'm not a native (or entirely fluent) speaker, so be sure to wait for confirmations/corrections, especially for tattoos.

GRMA!

I don't trust the Celtic Lyrics site much...I've seen some very weird mistranslations there!

Redwolf