Translating old english into the english we speak now?

fall to't yarely or we run ourselves aground:bestir, bestir. heigh my hearts cheerly, cheerly,my hearts. take in the topsail. tend to the masters whistle-blow,till thou burst thy wind,if room enough. good boatswain have care. wheres the master. play ther men. where is the master,boson

Shakespeare's The Tempest - Act I, Scene I

MASTER
Good, speak to th' mariners. Fall to 't yarely, or we run ourselves aground. Bestir, bestir.

(Translation: My good boy, give the other sailors a pep talk鈥攁nd do it fast, before we're shipwrecked. Hurry, hurry!)

BOATSWAIN
Heigh, my hearts! Cheerly, cheerly, my hearts! Yare! Yare!
Take in the topsail.鈥擳end to th' master's whistle.鈥擝low, till thou burst thy wind, if room enough!

(Translation: Come on, men! That's the way to do it! Quickly! Quickly! Take in the upper sail. Listen to the master's orders. 鈥擝low your heart out, storm! So long as we have enough room to avoid running aground!)

ALONSO
Good Boatswain, have care. Where's the Master?
Play the men.

(Transation: Be careful, good Boatswain! Where's the Master? Make these men work.)

ANTONIO
Where is the Master, Boatswain?

(Translation: Where's the Master, Boatswain?)

AARGH my head it hurts, hulk dont understand, hulk go to library *hint*hint*

Oooh! I know this text! It's from the original Tempest! It pretty much means:
Get ready, quick or we'll run ourselves aground! Be aware, be aware. I'm in such a good mood! Take in the topsail. Do what the Master's just told you to do, open the sails and let in all the wind possible. Take care Boatswain (sort of 3rd mate on a ship). Where's the master? Send someone to look. Where's the master (you've written boson but I think it's Boatswain in the text so see above).
This is Early Modern English, NOT Old English.

That's not old English ! That's early modern English.

Before that was middle English:

"Whan that Aprill, with his shoures soote
The droghte of March hath perced to the roote
And bathed every veyne in swich licour,
Of which vertu engendred is the flour;

or

"Svmer is icumen in
Lhude sing cuccu
Growe镁 sed and blowe镁 med and spring镁 镁e wde nu
Sing cuccu
Awe blete镁 after lomb
lhou镁 after calue cu
Bulluc sterte镁
bucke uerte镁 murie sing cuccu
Cuccu cuccu Wel singes 镁u cuccu ne swik 镁u nauer nu"

and before that, old English:

Hw忙t! W膿 G膩r鈥怐ena 鈥?in ge膩r鈥恉agum
镁膿od鈥恈yninga 鈥?镁rym gefr奴non,
h奴 镁膩 忙冒elingas 鈥?ellen fremedon.
Oft Scyld Sc膿fing 鈥?scea冒ena 镁r膿atum,
monegum m牵g冒um 鈥?meodo鈥恠etla oft膿ah.

http://en.wikisource.org/wiki/Beowulf