fallingblood
Agnostic Theist
I don't know if KJV is still the pinnacle standard in a lot of churches as it once was. Does anyone know why it was such a big deal?
One of the reasons is that it was "the" Bible for centuries. It was mass produced, accessible, and often passed down from one family member to the other. Even though there were a few translations after it (before the modern versions that is), it was seen as "the" Bible. It never was officially recognized as the Authorized version though (as in no ecumenical group authorized it), but for the general population, it became the authorized version simply because it was loved.
At the time, it was some of the best scholarship on the subject. It was a great work, that was based on the best recognized manuscripts that were known, and it was based off of older translations (so it was an easy switch). So it does deserve to be recognized as a monumental work at the time, and for a long time, it was the best that there was. And even today, the RSV, and the NRSV did have their foundation in that work as well.
Now, some people hold onto it because they are afraid of change (at least that is what I would assume). When one grows up with a certain Bible, it can be weird to see it replaced. However, many evangelicals and fundamentalists have moved out of using the KJV. The preferred choice among many now is the NIV (which was actually created in direct response to the RSV, as some evangelicals thought that the RSV was too liberal).
So the reason it is a big deal is for a number of reasons. I personally go back to it from time to time because like Jay said, the rendering is beautiful. At the same time, it was once the best there was, and for the longest time, it stayed that way. It really wasn't until the 1800's that modern scholarship started taking place (as mentioned, primarily in Germany), and it didn't catch hold in the United States for quite some time after. And then we didn't start getting really good new translations until about the last hundred years.