Wish I had mod points, but since I don't, I'm just gonna agree emphatically.
I am a Shakespearean actor and director, and the issues are exactly what you say they are. Throwing students a copy of the book and telling them to read it is about the worst way to teach Shakespeare. The transformation from the page to the stage takes years to learn.
As an actor, I can get you to understand the text even if you don't know all the words and don't have a glossary. I know what they mean, which drives my performance, but if you're stumbling over unfamiliar text and grammar there's no hope of you following the story. It takes me weeks of studying the lines to understand the full meaning.
I would much rather have them watch a good staged production (NOT just a bunch of other students reading it out loud) and then discuss it with the actors and director. Then go back and read some of the best parts in detail, to figure out how they work and what makes it so effective. Memorize some speeches and learn how the sense of the text matches the rhythm of the meter and the tactic of each line, not just a bunch of syllables to be spat out.
I really hated the way I was taught Shakespeare, and this technology sounds as if it won't make that one whit better. Bringing some actors into schools, however, might do some good.