Well, not really, but looky, (the cool stuff starts at like 7:00 minutes in):
Source: http://www.technologyreview.com/news/507181/microsoft-brings-star-treks-voice-translator-to-life/ (http://www.technologyreview.com/news/507181/microsoft-brings-star-treks-voice-translator-to-life/)
Live demo of S2S (http://www.youtube.com/watch?v=vGYKxrRWDKo#)
Microsoft is bringing out the big guns!