The Henry James Scholar's Guide to Web Sites
http://www2.newpaltz.edu/~hathaway
This site has a number of e-texts including The Ambassadors. There are also a few links to scholarly essays that focus on the novel.
The Henry James Review
http://muse.jhu.edu/journals/henry_james_review/
This is the web site for a print journal that has been in publication for 23 years. The print journal is not free, but there are free articles available online. Also, the Review staff does a generally good job of responding to email inquiries for more information on available literary criticism. If you are writing a research paper, it would be a good idea to scan the table of contents of the Review to get a sense of what has been done in your particular field.
The Center for Henry James Studies
http://mockingbird.creighton.edu/english/hjcenter.htm
The Center for Henry James Studies is located at Creighton University in Omaha, Nebraska. This link is particularly useful if you are examining an autobiographical or semi-autobiographical theme in James' work. Specifically, the Center has a vast catalog of James' correspondence and notes. The most meaningful excerpts, as well as descriptions of the inventory as a whole, are posted online.
The Henry James Society
http://mockingbird.creighton.edu/english/jsociety.htm
The Henry James Society is located at Creighton University, and is run by the Center for Henry James Studies. If you are looking for the most current and/or the most irreverent literary criticism on James, this is a good place to start. There are a few essays available on this site.
Edited version of the New York Edition of The Ambassadors
http://www2.newpaltz.edu/~hathaway/ambassa.html
As there were numerous versions and extensive edits of the novel, it would be better to use this e-text, as opposed to some of the others - unless you are specifically studying one of the earlier versions of the novel. This e-text is not annotated, however.