The article doesn't seem to mention this at all, but Latin definitely lives: it's called modern day Romanian. There are many differences but if Latin survived anywhere into modern times it would have to be Romania. I had some Latin in high school and that came in surprisingly handy, much more so than in other Latin derived languages.
According to a book that I haven't read[1], but is cited by Wikipedia[2], "A 1949 study by Italian-American linguist Mario Pei, analyzing the degree of difference from a language's parent (Latin, in the case of Romance languages) by comparing phonology, inflection, syntax, vocabulary, and intonation, indicated the following percentages (the higher the percentage, the greater the distance from Latin): Sardinian 8%, Italian 12%, Spanish 20%, Romanian 23.5%, Occitan 25%, Portuguese 31%, and French 44%."
[1] Pei, Mario (1949). Story of Language. ISBN 03-9700-400-1 [2] http://en.wikipedia.org/wiki/Sardinian_language