Scot McKnight wrote a very interesting post on inerrancy today. I have long rejected use of the term biblical inerrancy, yet have watched as people more liberal (another dangerously slippery term) than I am claim to be inerrantists. This article is very helpful in clarifying the terminology somewhat, though much more could be said, and has been!
My take-away line?
Inerrancy is a disruptive child in the theological classroom.
I wrote more extensively on this in my book When People Speak for God and then published From Inspiration to Understanding by Dr. Edward Vick, which is a senior cousin to mine. I would have footnoted Vick quite a bit had his book been written before mine!