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Microsoft has entered the translation business with the announcement of “Microsoft Application Translator (MAT)”.  The announcement is intriguing.  The betaplace guest id is: MATGuest (case sensitive). This will allow applications to change their localized language on the fly, without the developer having to do the legwork.

Check out this link for more information!

The best part? From the FAQ:

How much does MAT cost?
MAT is completely free of charge and is provided as a resource to ISVs, developers, and Windows users.