KJV: Is there a reason why specialists esteem it?
A more interesting question to ask is: is the elevated status of the KJV mere caprice or snobbery or herd-instinct, or is there a reason that so many people who specialize in studying literature esteem it so highly?This is indeed an interesting question, and one which should not be lost in a long comment thread.
I would suggest (and already have in a further comment) that there are other non-literary factors here, not just "mere caprice or snobbery or herd-instinct" but also tradition, and originally royal and ecclesiastical sponsorship. But is there in fact any genuinely literary reason for the high esteem for KJV? Is there any objective sense in which it can be judged as having a high literary quality?
Indeed, are there any objective criteria, aside from technical ones of adherence to orthographical and grammatical norms, by which any work can be judged as of higher literary quality than any other? This question has been asked several times in recent comments on this blog, but no objective criteria of literary excellence have been put forward. So, should I conclude that in fact there are no such criteria, and therefore that the existing canon of supposedly excellent literature is defined by a combination of tradition and "mere caprice or snobbery or herd-instinct"?