Randy Alcorn shares his thought on Bible translations. There’s a video if you prefer to watch rather than read:
I actually use a number of translations, including the English Standard Version (ESV). I also use the New International Version (NIV) and in the past I’ve used the New American Standard Version.
The New Living Translation, a “thought for thought” translation, is a nice supplement, but I wouldn’t use it as my main version. Yet I do like the combination of using a “word for word” translation and a “thought for thought” translation.
The rest here.