First I’d like to thank my good friend Armen of ArmenThomassian.com for bringing up the topic and allowing me to respond.
I think its always best to define what Dispensationalism is based on what the teachers, theologians and scholars who hold that position say, instead of defining it based on what a covenant theologian says about Dispensationalism.
Also, it wouldn’t be accurate to say Dispensationalism or Covenant Theology is a “biblical hermeneutic” or least it shouldn’t be … both approaches are broad frameworks for understanding where certain things fit in over history and in times to come.
I’d also like to stress for others watching or reading, that this discussion is not in an area of doctrine in which we both must agree otherwise one of us is damned. Its safe to say that the discussion in that grey area where the error is not damning – albeit error with serious implications. For instance, it isn’t a doctrinal issue which you must include in your gospel presentation.