fallingblood
Agnostic Theist
Not necessarily. It would result in seeing it as a collection of books, written over the course of around a thousand years. One would see that there are historical works, poetry, myth, etc in it. If you get to the NT, one would see that the primary focus was on salvation. The OT, you get a right way to live (for Jews), and hope.Doing that just results in it being an Iron Age soruce among many, many of which advocate much the same things. Iron age documents are not normally considered relavent to modern life.
Understanding it fully would reveal that many of the laws are outdated, and that is accepted by many (the oral Torah should also be considered as it has existed right along with the written Torah. This would show that the Bible, at least the OT, was never meant to be unchanging, but a "living" work, that continued to change with the times).