Like most systems of theology, you would find that there are variations within those systems. You will find this within Covenant Theology and Dispensational Theology.
New Covenant Theology is no different. There are variations, but within these variations, the men that hold to these variations still work together and some even write for the same websites.
To find out what these variations are, read The Various Branches of New Covenant Theology written by Steve Fuchs.
First NCT Friday.
Next, NCT Friday: Summarizing New covenant Theology.
The day we believe that everybody with half a brain will agree with us on our interpretation of the Bible, is the day we should be locked up in an insane asylum. That is just not how the real world works. The sin factor simply does not allow for such a perfect world to exist this side of heaven!
"In keeping with one of the emphases of the John Bunyan Conference, we are going to look at this subject as it relates to the law. Really, this is the specific area of concern handed to anyone studying the larger picture of the Divine schema -- it just works out that way in that it is such a pivotal matter from the point of view both of Scripture and of the competing systems of theology today. Your view of the law winds up shaping your entire hermeneutical grid.
"So, what is the status of Mosaic law since the coming of Jesus Christ? In what way(s) did He affect it, if at all? Still more specifically, how did the revelation which Jesus brought relate to that of Moses? Does Moses' law remain the final court of appeal in questions of ethics? What bearing does it have on ethical and behavioral issues which face the new covenant believer?
"Within this discussion Matthew 5:17-20 looms large. Indeed, out of this pivotal statement of Jesus the whole New Testament theology of law grows. In this passage Jesus specifically disclaims any conflict between Himself and Moses and enthusiastically affirms His harmonious relationship with the older revelation. But the exact nature of this relationship is what we must determine."
"It is obvious that God’s laws relating to the theocracy of Israel and their sacrificial system have changed with the change from the Old Covenant to the New Covenant. But it is wrong to assume that there is some category of law (like 'moral law') that is unchangeable. Instead we should see that our holy God changed His holy law in many ways when He made the New Covenant. Some of these changes seem minor, like changes regarding laws about what we are allowed to eat or the kinds of plants we can plant together in our gardens. But some of these changes are enormous as we have just seen regarding what and how we give to God; His law regarding divorce; and how God wants us to view 'holy days.'"You can read more at the FAQ called "Commonly Asked Questions About New Covenant Theology" by Steve Lehrer and Michael Adams.
"New Covenant Theology (NCT) describes how the unfolding plan of salvation in Scripture is to be understood. It focuses on the relationship between the Old and New Covenants. It views the nation of Israel as a picture of the people of God but not the believing people of God. It understands the Mosaic Covenant to be a legal covenant that demands perfect obedience in order to receive the promised blessings. It views the Ten Commandments as the essence of the Mosaic law and not the essence of all of God’s law. It views the New Covenant as a new and better covenant that replaces the Old Covenant. New Covenant Theology differs from both Covenant Theology and Dispensationalism."
