If you get the chance to see Shakespeare in original pronunciation (OP), jump on it - and take the kids. The ear tunes it in amazingly quickly, and a lot of things suddenly make a lot more sense. The jokes are jokes and the puns are puns. There are still words that, alas, didn't survive the journey from the past, and false friends whose meanings have changed drastically in the interim, but the rhyme and meter of, well, antique "pirate talk" fit the material much better than a pompous theatrical version of RP.

(Be prepared to explain a lot of off-colour puns and double entendres. Shakespeare may have written much for the the equivalent of the private boxes, but he was most definitely not above a bit of Carry On/Benny Hill for the groundlings.)