Different interpretations are important to read.
The first english bible was very controversial, a lot of people at the time believed that the english language could not capture the wholeness of the message.

I'm not sure of the actual figures but I know that the english translation contained far less words than the original text. people have studied the original text and put every effort into capturing the meaning of the original text while presenting a text that is relevant and understandable. I can't speak for all translations and not being a catholic I can't suggest one. I read the NKJ (new king james), NIV(new international version) and the message(a paraphrase written in contemporary language). I find that reading the three side by side give me a good understanding of any passage. May not be liked by catholics though...I'm not sure.