Localize ASP.NET MVC 2 DataAnnotations validation messages

Living in a country where there are there are three languages being used, almost every application you work on requires some form of localization. In an earlier blog post, I already mentioned ASP.NET MVC 2’s DataAnnotations support for doing model validation. Ever since, I was wondering if it would be possible to use resource files or something to do localization of error messages. Here's how!