The spiritual ramifications of having a Bible translation commissioned by a man who was both head of state and head of church should give us all pause to consider just what is at stake regarding the King James Version.
Read the preface to the 1611 version here:
http://www.kjvbibles.com/kjpreface.htm
And tell me that doesn't smack of the worst kind of idolatry. Those are the people who created the translation: people whose necks and souls were on the line by a king who could end their life, ex-communicate them, and in their eyes, as head of the Church of England, condemn their souls to hell.