JOHN F. KUTSKO, the Executive Director of the Society of Biblical Literature, has a thoughtful and constructive response to the concerns raised by Ron Hendel some time ago. Do go and read it.
More here.
Also, while I'm thinking about it, note the SBL's David Noel Freedman Award for Excellence and Creativity in Hebrew Bible Scholarship and Paul J. Achtemeier Award for New Testament Scholarship. The deadline for both isn't until March, 2011, but best get started now.