If you like the idea of reading the play off a screen with the ability to look up words as you go, try this hypertext edition of the play . Petrarch and Pyramus in the Woods of Athens . University of Toronto, 1989. The Comedies , 26-31.
Papers Consider the four young lovers and their differences and similarities.
This could turn into a variant on the Character Analysis paper in discussing the degree of development of these characters and why Shakespeare may not have chosen to develop them fully. You could easily do a Source Study paper on the play.