This is acceptable to a modern English speaker and is not considered archaic. This is due to the verb "to be", which acts as both auxiliary and main verb. Similarly, other auxiliary and modal verbs allow for VSO word order ("Must he perish?"). Non-auxiliary and non-modal verbs require insertion of an auxiliary to conform to modern usage ("Did he buy the book?"). Shakespeare's usage of word order is not indicative of English at the time, which had dropped OV order at least a century before.