With Modern Adaptation Web Series

The Lizzie Bennet Diaries

Arguably the most popular of these modern adaptations as of yet (and my personal favorite). Developed by Hank Green (John Green's Brother, together they make the vlogbrothers). This is a modern take on Pride and Prejudice by Jane Austen. A fascinating thing about this one, as is the case with most adaptations, is the way the characters are written into the modern world. Lizzie is a grad student, Bingley (now called Bing Lee) is a med student and Richard Collins (Ricky Collins) is a childhood friend turned entrepreneur…
The series is written in the form of a vlog of Lizzie's life- as if the events are happening in real time, unravelling in 3-minute videos, twice a week; as well as in 3 spin-off vlogs; for Lydia, Georgiana, and Maria Lu(cas).
As to the best part of the series- the way they brought each character to life. Every character has a Twitter, Tumblr, Pinterest and YouTube account, so if you had the pleasure of watching the show "live," as I did, you were able to follow the characters' lives through these accounts, and get a more genuine experience.  Although the show is now over, the episodes are still up on YouTube and their website has an archive of all the transmedia posts. They are also selling a disk-set with extra behind the scenes, outtakes and interviews etc.
After the indisputable success of LBD, the creators promised another major series, but until then they give us this:

Welcome to Sanditon

Based on an unfinished novel by Jane Austen, Gigi (yes, Georgiana Darcy) moves to Sanditon, a small, coastal town in California and reports as the town develops into a resort destination. With an episode every Monday and Thursday, they take character integration to whole new level. You see, because they have essentially created a whole town from scratch, they allow fans to become "town citizens," so you will find a frankly overwhelming amount of fan-made companies and events held in Sanditon. As well as a collage vlog of the town people about once a week.
Although the progression of Welcome to Sanditon seems slower than LBD because of all the fan integration, it is still increasingly fun to see the line between viewer and creator essentially blurred out to create a community in a virtual town called Sanditon, with several different storylines.  As if you yourself live in Sanditon (which you arguably do.) So it is still worth watching, if not as relentlessly as LBD.

The Autobiography of Jane Eyre

Obviously an adaptation of Jane Eyre by Charlotte Brontë, is another LBD-style web series where the main character is vlogging out her life.  Created by Nessa Aref and Alysson Hall (she also plays Jane.)
Jane is a nursing  graduate working as a nanny/tutor for E.D Rochester's daughter, Adele. Jane says in her first vlog that she was inspired to start vlogging by LIZZIE BENNET. Although the series starts off slightly rough, it picks up quick and is pretty engaging. Because it has a lower budget than LBD, the Autobiography of Jane Eyre seems more authentic, and one could almost genuinely believe it is a vlog.  The story arc of Jane Eyre also seems to be progressing much quicker than Welcome to Sanditon, so there's another plus.

Keeping in line with LBD, transmedia is also used to aid storytelling Jane, Adele and a few other characters have Twitter, Tumblr and Instagram accounts, which you'll find on their website, so you can follow the events LIVE. As if we needed more distractions from the real world.

Nick Carraway Chronicles

A brand new series, with 1 episode out; and promises of a new one every Monday. It is a modern adaptation of The Great Gatsby by F. Scott Fitzgerald, produced by Bryan Stewart and Nicholas Butler. The series is basically the personal vlog of Nick Carraway, an unemployed trust-fund kid who graduated with a degree in finance. Now I obviously can't say much about this, other than that they seem to have a pretty good budget and I'm expecting a great adaptation after the hype they managed to create.  Of course, every character has a twitter account which you can find link to in the video description.
There are also a plethora of Youtubers making low-budget modern adaptations à la LBD style, check them out here.

Check these series out, and tell me what you think on Twitter, or in the comments (anonymously or not.)