Mosedecoder: http://www.statmt.org/moses/
Ah. This is not exactly news. It has been around since 2006 John Hopkins workshop.
mosedecoder is probably the first open source statistical machine translation implementation in the world. For quite a while, only the IBM models training portion of the code could be found in GIZA++. So for people who is interested in SMT, they will probably turn to Pharaoh, a close source implementation available in the web.
I could have some fun. ;-)
-a
