Google working on voice translator phone, redefining synergy -- Engadget
There is already a free app in the Google Market for us Droid/Droid Eris users called "Talk to Me" that does speech-to-speech translation very well if anyone wants to play with this awesome capability.
I use it to translate what I say to Spanish for custmers that don't speak English since I decided to take 8 years of German, which I never have the opportunity to use in Arizona haha.
But it would be pretty sweet to have this done in REAL TIME right over the phone. Imagine the possibilities.