The latest version of Google Goggles (1.1) is out and it brings the wonderful translation feature that was demonstrated back at Mobile World Congress.  With Goggles, users can now take a picture of a word or phrase and have it translated on the fly.  Check out the video below for more on how it works.

As of right now, Google Goggles can read English, French, Italian, German and Spanish.  However, it will translate to many other languages.  Naturally, Google is hard at work, adding support for more languages.  Long term, they’d even like to translate non-Latin (Chinese, Hindi and Arabic) text!

Other features found in the 1.1 update include improved barcode recognition, a refreshed user interface, and recognition of more logos and products.  Goggles also supports a larger corpus of artwork, likely as a result of their PlinkArt acquisition.  Oh, it’s also now possible to initiate a search from images already found in your phone!