To produce a new text through a revelatory, rather than scholarly, process, by the “gift and power of God.” In the Book of Mormon, the ancient prophet Mosiah translated records into his own language using “interpreters,” or “two stones which was fastened ...
See:http://josephsmithpapers.org/paperSummary/revelation-spring-1829-dc-10 click on highlighted word "Translate"
No longer are TBM's to view translate as transforming from one language into another word for word...now translate means to produce a new text through revelation...that should pretty much sew up that hole. Rather convenient.
I love how words lose their original meaning in Mormonism when the evidence doesn't support the definition of the word. And when that happens...just change the meaning of the word into something more squishy and malleable...there problem fixed.

In other words translate means translate except when it doesn't mean translate then it mean translate...got it?