I suppose someone somewhere has tried it, but I can't imagine Shakespeare in modern English.
To continue to live, or not to live, that is the question...
There are many old books still in circulation that have archaic language. A great book every Christian should read is The Two Babylons by Alexander Hislop. It is still in circulation.
Here is one line from chapter 1
How's that for easy? This was written in 1853 but is far more difficult to read than the KJB.
And this is a terrific book, you should read it. Here it is online.
http://www.biblebelievers.com/babylon/00index.htm