Salvete;
Okay, I'm asking this question in my own collegium so the answer may be a bit obvious for all you Latin buffs .
But question yourself: is Latin still really alive? Or has it been fossilised and kept alive artificially for centuries? I'll try to provoke you: YES, it has! Since the 6th, maybe 7th century CE, there are no more people whose mother language (let alone sole language) is Latin. The language evolved into the Romance languages and Church Latin. The old variant, which is being used here, was digged up in the Renaissance as a vernacular language between intellectuals until French assumed this place, and later English did.
The Vatican sometimes publishes lists with new words for Latin, but most of these expressions are very awkward, even if they are actually translations for terms that are partially Latin in origin.
Sure, there are meetings where Latin is spoken, and there is someone in my msn list with whom I have no other language in common than Latin, but we must all admit that former is something for bearded men and language geeks [like me] and latter is an extremely exceptional case.
Any opinions on this issue? Sure I've got loads but I don't intend on talking here all day long by myself :p.
Valete!
Draco