I loved KS's translation. It was honest, but the heroes were still heroes. I think it is the definitive translation that adheres to "the Pandavas were Good" camp.

Have you read S.L. Bhrappa'sParva, though? Its translated from Kannada, and the translation has been botched up, but the way the man interpreted the story is fantastic.

The two hardcover translation sounds like Ramesh Menon. He's very good. Unlike most other translations, his story sticks to the form of a modern novel, but still manages to get the story out very well. The characters are presented more realistically as well. Definitely worth a read, as is his novel "Blue God", which chronicles the life of Krishna, with alternate chapters that deal with the Githa. Krishna here is a man who knows he's God, but is confused as to his ultimate purpose and scared of mucking up. Fascinating stuff.