New translation site

Windows has launched "Windows Live Translator Beta", a new website that allows you to enter up to 500 words of text or a url for translation. It will translate English into an impressive variety of languages, including Chinese, Korean, and Arabic as well as the more prosaic French, Spanish and Dutch. I haven't had a chance to compare its translation prowess with that of the other free online translators like Google or Freetranslation dot com, feel free to share your experiences.