The well-known linguist John McWhorter argues that Shakespeare's plays should be translated into modern English since they are written in a language that we effectively no longer speak. "Indeed, the irony today is that the Russians, the French and other people in foreign countries possess Shakespeare to a much greater extent than we do, for the simple reason that unlike us, they get to enjoy Shakespeare in the langua…
Well, he's wrong, and that's why there are so few "modern English" productions put on. And also why Shakespeare plays in the original language continue to live. When you see it performed live, you still get the gist. The language is still beautiful. That's the point. More to the point, the audiences would not increase at all if they were translated into modern terms. On the other hand, no one in the theater minds if…
We do usually modernize Shakespeare's spelling. The gap without that is even larger: "...borne before an euerlaſting Iudge, from whence no paſſenger euer retur'nd, the vndiſcouered country, at whoſe ſight the happy smile, and the accurſed damn'd". Changing that maybe makes it seem more like modern English than it was. How much can you update spelling and such, before it starts becoming a translation?
Also, am I the only one whose Shakespeare textbooks in high school, had more footnotes than actual Shakespeare on some pages? It kind of sucks the fun out of it when even the dirty jokes need to be explained.