1. A method of performing instant speech translation, the method comprising: establishing a local communications network including a link between at least a first and a second headset computer; capturing speech in a first language at the first headset computer; transmitting the captured speech in the first language from the first headset computer to a network-based speech recognition service to recognize and transcribe the captured speech as text in the first language; receiving the text in the first language at the first headset computer from the network-based speech recognition service; broadcasting the text in the first language over the local network to at least the second headset computer; receiving the text in the first language at the second headset computer; transmitting the received broadcast text in the first language from the second headset computer to a network-based text translation service to translate the text in the first language to a text in a second language; receiving the text in the second language at the second headset computer from the network-based text translation service; and displaying the text in the second language on a display of the second headset computer.