Last year I came across the relatively new translations of the Iliad and Odyssey by Robert Fagles. The language is so musical and metrical that it makes you want to read aloud, yet the meaning flows easily and compellingly also.
Recommended!
A short PBS interview with Fagles from 1997 [link|http://www.pbs.org/newshour/bb/entertainment/jan-june97/odyssey_3-3.html|here].
Giovanni