I'm currently in the third year of a phd program in New Testament, and my 11th year of study. The more I review and study the New Testament, the more I believe that it is completely and utterly insane to apply it with authority to the church today.
The New Testament is set firmly and completely in a social context that is misogynic, ethnocentric, and philosophically backward. I don't mean to argue that the present popular philosophy Western life - that there is no need for God due to existentialist realivism - is superior, but philosophy and social changes from the Enlightenment are significant progress from the blantant stupidity of Aristotle and Plato that birthed and nurished Christian theology.
I'm quite sure that if Arisotle and Plato had known about the scientific progresses made in the Enlightenment that Christianity would be much more friendly to women and homosexuals, and possibly Christianity would have had the forsight to condemn slavery and pederasty as early as the writing of the New Testament.
Anyway, the New Testament profoundly loses its worth when the presuppositions of Greek philosophy are removed, and indeed the later Christian theologies which wholesale reproduced Greek ideals are outdated and mute to contemporary issues.
It is time for a new word from God, and Christians should beg God to send modern prophets to speak fresh words of redemption and grace.