I agree with some other reviewers that this was a mixed bag. The introduction opened with a series of great questions, and I was excited to read the authors' answers: What is the nature of scripture? When is a biblical statement normative for all time? Can good exegesis really answer all of our questions? How do we justify our judgments? How is the Bible relevant?
Unfortunately, none of the authors came close to actually answering these questions. Rather, they simply shared their individual models for extracting culturally relevant statements from Scripture. For example, Kaiser, in the first essay, stated the "Principlizing Model" and then demonstrated its use. According to Kaiser, all you do to answer a question from Scripture is to abstract away from the text to produce the underlying "principle" being taught. Then, since the principle is by nature abstract and disconnected from its original context, it's easy to plop it down in our culture and see how it operates. But nowhere does Kaiser actually dive into the nitty gritty of the questions posed in the introduction. This is unfortunate because Kaiser's method is, the end result of a series of (unexplained) logical constructs based on assumptions about the nature of the Bible. The other three views have the same issue as Kaiser's and fail to address the underlying principles (!) upon which their models depend.
To further complicate matters, none of the four views were articulated clearly. In fact, in at least one case, the authors couldn't even understand each other---the views were so poorly explained. In the case of Vanhoozer's essay, Kaiser responded: "After reading and rereading Kevin's chapter many times over, I cannot for the life of me explain to anyone else, much less myself, how [Vanhoozer's view] works" [p. 283]. It's unfortunate that the essays were not held to a higher standard and were published in such a form.
However, I was relieved to read the excellent reflection by Mark L. Strauss, who took some space to CLEARLY summarize each view and explain how each view works and comment on their strengths and weaknesses. Strauss also steps away from the discussion, making perhaps the most level-headed observations of any of the authors, beginning with the question "What is the Bible?" Strauss points out that "all of the contributors in this volume unequivocally affirm the divine inspiration and authority of the Bible. Yet if it were that simple, we would not be having this discussion" [p. 272]. WHY ON EARTH did none of the authors recognize this fact and discuss WHY there is so much confusion and disagreement between highly educated individuals who have apparently spent their life trying to interpret Scripture? This is an immediately obvious question based on reading the essays. For example, Strauss points out: "It is noteworthy that [Doriani] and Kaiser utilize the same exegetical tools to reach diametrically opposed conclusions on gender roles" [p. 280]. Yet, none of the authors even acknowledge the "discussion behind the discussion." In the end, I came to not care about the particulars of each view or the differences between them since these differences seem to arise from underlying principles or arguments that were not expressed.
In the end, I give the main content of the book (the four essays and responses) 2 stars. I give Strauss' reflections a 4 for practically redeeming the book singlehandedly.