Translation is really a key search feature. It will and currently does play an important roll in Google's search algorithms for understanding concepts, words and much more. This post is not about that, but rather Google is testing a new user interface for Google Translate.
Here is a picture from the Google Blogoscoped Forums on the new test:
In 2009, Google Translate had a major revamp and then started testing ads on the page.
Do you like the new layout?
Forum discussion at Google Blogoscoped Forums.