Cannot get myself to choose between the two. I will usually always come down in favor of the Received Text,
however, personally our family (myself in particular) just cannot get anything but a headache reading the KJV. Makes for a miserable experience when attempting to read God's Word.
We've tried multiple times, apologies to KJV fans, who are often my dearest brothers in Christ.
As for the ESV article by TBS, I think this quote about sums up a little bit of the over the top rhetoric found in the article. It is to say the least, more than slightly inflammatory - and when I see a supposed scholarly article, is enough to make me doubt anything else they have to say:
"People who are
concerned with the truth of the Bible will not be
fooled by this new
version once they see that it is merely a slightly revised edition of the RSV. Since Crossway
does not have the financial backing of the publishers of the NIV, there does not seem to be
much of a future for the ESV."
Not to mention their prophecy turned out to be wrong
All that said, there is still value in the article, which would be helpful to those who don't understand that it is a revision of the RSV (RRSV would probably have been a mouthful

), and the underlying manuscript differences between the KJV and almost all modern translations.