Dr. Chapell has a helpful statement on the New Perspective here. I’m still working through it, but I certainly appreciate the tone and agree with the conclusion:

We need the Lord’s wisdom to know what needs to be defended, what needs to be denounced, and what needs to be ignored because it only appeals to our appetite for argument. We must not allow a controversy largely outside our denomination to become the cause that defines us. The goal of Covenant Seminary is to prepare leaders for the local church who understand and model the Gospel of grace. Ask the Father to give us such great love of His Gospel and such clear judgment from His Spirit that He will enable us to keep the main thing the main thing. For those in whom the Spirit dwells, the message of Christ’s grace for sinners such as we will provide the most powerful motivation possible for loving God, His law, His people, and His world.