This isn't technically a new version of the Bible - it is the King James Version (Authorised Version). But it is a new presentation of the text. Many or all machine readable copies present one verse at a time. But this researcher has created a file that presents the text word by word. This allows for noting whether a word is in italics, if it is the beginning or end of a parenthetical phrase, what punctuation follows the word, if it is the beginning of a new paragraph and if it is an introductory phrase before the first verse.
This probably won't be useful unless you are interested in doing word analysis, need a good text for programming or are a researcher. Then it is a great resource. While reading the blog I already came up with some things I'd like to try.
The creator of this database intends to add further information such as Strong's numbers, location, speaker and more.
Read about it and download the database at Bibliographic.