No, I've heard of it but I haven't read it...
I never had to read Shakespeare, but I did read through some of his stuff and lean a totally new vocabulary (and learned how to effectively insult people in Elizabethan English, but that's another story...).
KJV is my preferred translation. Once you learn the lingo and get used to the 'thees' and 'thous', I think it's an extremely accurate translation. Reading it side by side with other translations, in my experience it's usually truer to the original text.