how Dr. Faustus appeals to modern readers
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I can't say it better than the author who wrote the article linked below. Faustus will always have appeal because it deals with good and evil; selling one's soul to gain those things we're not meant to possess; losing oneself in the process of attaining those things............. and the old 'be careful what you wish for." These concepts will always have universal appeal (think Lord of the Rings).
As to how the play has been adapted, follow the link below. I think it will give you some fantastic ideas.