Have you ever read the preface of the NRSV of the Bible? Let me quote it for you.
"Yet the King James Version has serious defects. By the middle of the nineteenth century, the development of biblical studies and the discovery of many biblical manuscripts more ancient than those on which the King James Version was based made it apparent that these defects were so many as to call for revision."
It is a very interesting preface I might say and it also talks about the Tetragrammaton (YHWH).
It was backed by 50 cooperating denominations and they all agreed.