The article that provoked this is here: The Assembling of the Church. Read it and chime in with your thoughts. It's an interview.
I have recently been returning to the question of the formation of the NT canon, which seems to be a disastrous weakness in the common evangelical mind. Without bishops (or some form of making regional and inter-regional decisions) and a theology to back them up, I don't see how you can come out with a NT canon. Indeed, the alternative is to leave that tradition (what is in and out of the NT) up to each congregation. I can't see why a congregationally-oriented church (and such are the organic churches, simple churches, and home churches) would opt to adopt the judgment of the archaic Synod of Rome in 382--a synod which took place after bishops had been given corrupting power by the infamous (among evangelicals) Constantine.
Why in the world would a congregational evangelical trust these men, who met under the leadership of Pope Damasus, and had been according senatorial power as bishops by Constantine? To give you an idea of the changes that had taken place I quote Nathan Howard:
Constantine wanted to effect a more efficient government with the help of the church after he emerged the sole emperor in 324. By assigning to the bishops juridical power and by diverting to them patronage resources, the emperor unwittingly allowed them to establish political networks that rivaled the local elites and the emperor himself. The inevitable result was that the bishops now commanded the emperor's deference, much as the senators once had. Churchmen soon became active players in formulating the emperor's religious policies, thus placing them in a position through which they might later suppress vestiges of pagan culture.
And evangelicals have opted to follow these men in their judgment regarding the inspiration of the many texts in use as the 4th C. was closing?