The kjv is inerrant and inspired as concerning doctrine, is my belief on the matter; as well as other translations; although certain modern translations are watered down in that they remove certain words, phrases, sentences, paragraphs, even entire passages from what they consider to be inspired.
So i abide by the kjv since I don't want to be cheated out of anything that the Holy Spirit might want to say to me.
One example, Luke 9:55-56, compare the kjv to the NIV. Romans 13:9 also.
There are also quite a few others like that.