Gerd Lüdemann has a new article up on Bible and Interpretation’s website. Here is a snippet:
Ultimately all this presents a problem for all three “Abrahamitic” religions. The Church, regarding herself as the New Israel, has always taken the Old Testament myth of Yahweh’s election and concern for Israel as a firmly established constituent of the Salvation history that culminates in Jesus Christ. But if the historical framework of the Old Testament is essentially fictitious, and both the biblical Israel and its exclusive God are theological constructs of exilic (beginning 587 BCE) or post-exilic (starting after 538 BCE) Judaism, then reading the Old Testament as the pre-history of Jesus and Muhammad becomes a whimsical affectation.
I’ve always enjoyed Lüdemann’s works, particularly on Paul. Go check it out for yourself, it is compelling as it is useful to the discussion.