Dispensational HermeneuticsDispensational hermeneutics, as opposed to, say, Reformed hermeneutics or Covenant Theology hermeneutics, includes major major emphasis on Israel as opposed to the Church, as the main or even exclusive object of all the Old Testament prophecies and promises. Ice discusses variations on this, but it remains true that the distinction between Israel and the Church is "the most important essential."
By Thomas Ice.
" Consistently literal or plain interpretation is indicative of a dispensational approach to the interpretation of the Scriptures," declared Charles Ryrie in 1965. " And it is this very consistency- the strength of dispensational interpretation- that irks the nondispensationalist and becomes the object of his ridicule."  " Consistently literal interpretation" was listed by Ryrie as the second most important sine qua non of dispensationalism, which forms the foundation for the most important essential, "the distinction between Israel and the Church." Earl Radmacher, in 1979, went so far as to say that literal interpretation "is the 'bottom-line' of dispensationalism." While the ridicule of nondispensationalists has continued, there also appear to be signs of hermeneutical equivocation within the ranks of dispensationalism.
There is also a very interesting discussion online by John MacArthur on the subject of dispensationalism, which I hope to get to. I've been told I'm a Progressive Dispensationalist because I do at least believe that Israel has a role to play in the last days, and that seems to be more or less MacArthur's position.
So eventually I'll be back with that.