"We eat the steak and we drink water."
Translation:Ithimid an stéig agus ólaimid uisce.
No it's not. Both are perfectly acceptable in the standard, and, among native speakers, ólann muid is used far, far more, since it's used by speakers in Connemara and Donegal. Actually, ólaimid, the standard form, isn't said by native speakers anywhere, as Munster uses ólaimíd, with a fada on the second i.