I have been following the "debate" the Emerging Church is having with the Southern Baptists and have found that it is basically a polarization between the old left/right categories that constantly argue over primacy of progession versus tradition. The EC is inovative, experimental, amorphous, porous, and almost completely without boundaries even the Trinity is up for grabs in some sects). The SBC is mired not so much in "modernity" as it is in fundamentalism as it sees Christianity expressed primarly a set of principles and "worldviewish" propositions that even the most dubious postmodern mind must adhere to in order to be coherent.

What is "emerging," in my opinion, is another divide that will further fragment the current Christian landscape as believers find themselves deciding not so much what their views on inerrancy are, but how and what they will engage the culture.