I love the Douay-Rheims Bible.
One of the main reasons for this is that I love the Elizabethan English; I like the flowery prose and the old-fashioned renderings. I find the language to be very poetic. The language is ancient, and it connects me to my Catholic forefathers. For many generations, the Douay was the only version of Scripture that many people knew.
Another reason I like the Douay-Rheims is because of it’s historical importance. During the Reformation, the English speaking Catholics needed their own trustworthy version of Scripture; and to that end, the Douay-Rheims was created. For over 300 years, the Douay was the Bible of choice for the English speaking Catholics.
Also, the Douay is a literal translation of the Latin Vulgate, which has been the official translation of the Roman rite for 1500 years (although there have been several revisions over the years). As such, the Douay perfectly expresses Catholic doctrine in an unbiased manner.
The Douay is a great Bible, but it shouldn’t be placed on a pedestal. Newer translations are also very good, and sometimes even better because they are easier to understand. I would hate to see any Catholic becoming a “Douay-Rheims Onlyist” in the same way that there are Protestant “King James Onlyists.” However, the Douay should have a place on every Catholic’s bookshelf in my opinion, if only because of it’s historical significance and importance.