If you like the Authorized Version (King James, including Apocrypha), but struggle with the archaic words, you might want to check out the Third Millenium Bible. The traditional language is maintained, so there is that familiarity, but the archaic words are updated.
The Third Millenium Bible is already available on Crosswalk.com and pointers to versions that run under Bible With You & Bible Concordance With You by GMPSoft as well as on BibleReader from Olive Tree Bible Software (the one I use) can be found at the Third Millenium Bible website:
http://www.tmbible.com/
It is also available in traditional paper editions with a variety of bindings.
Their copyright notice shows tremendous flexibility (you can make your own copies, paper and electronic, but you can't sell them) ... see the website.
The usual disclaimers apply ... I am merely a very satisified user.
When it comes to meaningful Lectionaries, my personal experience has been that none beats the Lectionary from the Book of Common Prayer (1928, Episcopal) or Book of Common Prayer (1662, Church of England). The former has personally served me well for over fifty years because an effort was made by the compilers to relate the Psalm and the Old Testament and New Testament lessons. Further, the selections are tied to the rhythm of the Liturgical Year used by Roman Catholics, Lutherans, Anglicans and many others.