but according this 
http://googlecode.blogspot.com/2011/05/spring-cleaning-for-some-of-our-apis.html
it looks like both version will be shutted down.
Guess we will have to wait to see "how the story really goes".
But thanks for bringing some light :)

Radovan

On May 27, 1:56 pm, Jeremy Geerdes <jrgeer...@gmail.com> wrote:
> Correct.
>
> Jeremy R. Geerdes
> Generally Cool Guy
> Des Moines, IA
>
> For more information or a project quote:
> jrgeer...@gmail.com
>
> If you're in the Des Moines, IA, area, check out Debra Heights Wesleyan 
> Church!
>
> On May 27, 2011, at 6:55 AM, urukay wrote:
>
>
>
>
>
>
>
> > So if I understand this right, API V2 will be available also after
> > December?
>
> > On May 27, 1:47 pm, Jeremy Geerdes <jrgeer...@gmail.com> wrote:
> >> The API will no longer be supported, effective immediately. In other 
> >> words, they will not be adding new features, and they will not be fixing 
> >> bugs. And the service will be terminated completely in December.
>
> >> That said, this only affects the v1 Language APIs family. You can still 
> >> use the Translate API v2, for which you can sign up 
> >> athttp://code.google.com/apis/console.
>
> >> Jeremy R. Geerdes
> >> Generally Cool Guy
> >> Des Moines, IA
>
> >> For more information or a project quote:
> >> jrgeer...@gmail.com
>
> >> If you're in the Des Moines, IA, area, check out Debra Heights Wesleyan 
> >> Church!
>
> >> On May 27, 2011, at 4:43 AM, urukay wrote:
>
> >>> well maybe both, but the problem is if API will be useless after 1st
> >>> of December or not. Som Far it looks like we can use API, but under
> >>> limited restrictions. The thing that confuses me that here
> >>>http://code.google.com/intl/sk/apis/language/translate/overview.html
> >>> the claim that there wil be shut off on 1st of December but here
> >>>http://code.google.com/intl/sk/apis/language/translate/v2/getting_sta...
> >>> there's only that they will not support it. So for me the main
> >>> question is, can I use this API after December or not. If not i will
> >>> stop using it right now.
>
> >>> I really don't like this announcement.
>
> >>> On 27. Máj, 11:37 h., Alex <alexander.mar...@gmail.com> wrote:
> >>>> Does this affect only version 1 or also version 2?
>
> >>>> On May 27, 11:21 am, urukay <radovan.be...@gmail.com> wrote:
>
> >>>>> Google announced, that the Translate API will be depreceated from 1st
> >>>>> Dec 2011, so it means that we will be not able to use it anymore or
> >>>>> just Google will no longer maintain the API?
>
> >>>>> Thanks
>
> >>>>> R.
>
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