The new Google Messenger is real! It's not called Babel, or Google Talk, but "Hangouts." It also isn't the unified messenger we've all wanted - maybe it will be someday, but Hangouts is strictly a Google Talk replacement - there's no SMS or Google Voice integration.
What Hangouts does have going for it is that it is really pretty. It supports group messaging, pictures, video chat, and even has read receipts! Hangouts completely replaces Google Talk, so if you have a fondness for the past, say your goodbyes before you update. Let's take a look:
The Hangouts List
This is the "front page" of Hangouts.