Why might a "new translation" of an ancient text like The Odyssey be significant, and what potential differences or insights could it offer compared to older versions?

From the book

tisfied. It would be absurd, therefore, to test Pope’s translation by our own advancing knowledge of the original text. We must be content to look at it as a most delightful work in itself,—a work which is as much a part of English literature as Homer himself is of Greek. We must not be torn from our kindly associations with the old Iliad, that once was our most cherished companion, or our most looked-for prize, merely because Buttmann, Loewe, and Liddell have made us so much more accurate as to ἀμφικύπελλον being an adjective, and not a substantive. Far be it from us to defend the…

cover The Odyssey by Homer Translated by Alexander Pope Contents INTRODUCTION. THE ODYSSEY OF HOMER BOOK I. BOOK II. BOOK III. BOOK IV. BOOK V. BOOK VI. BOOK VII. BOOK VIII. BOOK IX. BOOK X. BOOK XI. BOOK XII. BOOK XIII. BOOK XIV. BOOK XV. BOOK XVI. BOOK XVII. BOOK XVIII. BOOK XIX. BOOK XX. BOOK XXI. BOOK XXII. BOOK XXIII. BOOK XXIV. INTRODUCTION. Scepticism is as much the result of knowledge, as knowledge is of scepticism. To be content with what we at present know, is, for the most part, to shut our ears against conviction; since, from the very gradual character…

we can see, with as much reason to Homer, is a strong inducement to believe that none of them were of the Homeric age. Knight infers from the usage of the word δὲλτος, ‘writing tablet,’ instead of διφθέρα, ‘skin,’ which, according to Herod 5, 58, was the material employed by the Asiatic Greeks for that purpose, that this poem was another offspring of Attic ingenuity; and generally that the familiar mention of the cock (v. 191) is a strong argument against so ancient a date for its composition.” Having thus given a brief account of the poems comprised in Pope’s design, I will now…

te features of language. Hence his whole work is to be looked upon rather as an elegant paraphrase than a translation. There are, to be sure, certain conventional anecdotes, which prove that Pope consulted various friends, whose classical attainments were sounder than his own, during the undertaking; but it is probable that these examinations were the result rather of the contradictory versions already existing, than of a desire to make a perfect transcript of the original. And in those days, what is called literal translation was less cultivated than at present. If something like…

world with the startling announcement that the AEneid of Virgil, and the satires of Horace, were literary deceptions. Now, without wishing to say one word of disrespect against the industry and learning—nay, the refined acuteness—which scholars like Wolf have bestowed upon this subject, I must express my fears, that many of our modern Homeric theories will become matter for the surprise and entertainment, rather than the instruction, of posterity. Nor can I help thinking that the literary history of more recent times will account for many points of difficulty in the transmission of…