Our SSAS pilot was started using the fully-fledged developer's edition where we added 2 additional languages. We tested the testcube on a standard edition , opening the project in 2008R2 BIDS. All objects showed red underlining with screentips pointing at the inability to deploy translations in a standard edition.
However, the build cube could be processed and showed correct translations when explored with Excel.
According to the 'supported features' page - http://msdn.microsoft.com/en-us/library/cc645993(v%3Dsql.105).aspx#SSAS - translations should be enabled for standard edition.
I am at a loss what to conclude from this. Can we port translated cubes from developer to standard , but not develop on standard regarding translations ?