I saw A Midsummer Night's Dream at the Globe last summer and it was re-interpreted with Asian actors and a Bollywood theme, and the text was messed about with - Athens became Bankside and there was mention of "Hoxton Hipsters" among other things - however, Helena had also become a man called Helenus - I didn't feel outraged by this. I don't think all the changes worked, but Shakespeare's plays were adaptable and irrepressible, and only set when versions were written down later....likewise Othello must always be black.
Well, he was already Australian once and Irish a few times.I think Bond must always be a man, and British...