I think one of the reasons most modern interpreters continue to misunderstand Revelation is that they try to insert themselves into the story.
If we keep it in its first century context as it was written we realize it was not secret at all to his intended audience. Then, again, we can take his words at face value: "And he said to me, "Do not seal up the words of the prophecy of this book, for the time is near" (Rev. 22:10).
The time of His coming was near for them!
That is actually one of the most popular interpretations out there. For instance, that is basically the stance and official interpretation of the Catholic Church. There are also many Protestants who believe this way.
To me, that is just another theory. I definitely do not consider it proven.
I have never run across well worked out analysis of that model written anywhere near that time period which answered all questions. In fact, Augustine, who lived in the fourth and fifth century did not have a complete doctrine worked out at that time for Revelation. And he was practically the major theologian for the Catholic Church from that time period on.
Worse, he had a problem: how to reconcile the fact that the State was becoming the Church? How to reconcile the fact that this new development meant the Church was no longer 'out of power' and 'out of authority'? Well, he started to think in terms of 'maybe Revelation has already happened'. But, he was far from completing his theory, and it was a theory born from necessity.
The truth, I believe is far more complex then that, and I scorn siding with any theory (or as it is often called "interpretation"), until all the facts may be aligned.
That there were first, second, third, fourth century Christian writings and no one was able to fill in all the gaps is a significant warning sign to anyone embracing this theory.
Embracing any theory as the "one and only answer", I would suggest, is dangerous.
For instance, from the Catholic Church perspective everything has already happened up to the end of the Thousand Years. They believe while they have been in power, so has Christ, and so has the Thousand Years been running. But, that is a gamble from my perspective. If they are incorrect, there could be dire consequences for them.
How does such dire consequences happen, that we may know it? Well, both the Old and New Testament are full of such examples where 'people believed what they want to believe, so there is no truth for them'. When confronted with a truth which did not match their expectations fitting what they believed, they disbelieved new revelations. And that, with dire consequences for them then, and eternally.
Where is a model of similar prophecy which has since been understood? There are prophecies 'here and there' through the Bible we know have been fulfilled. Many of these, however, are snippets. Some from this book, some from that book. But, with the Book of Daniel, we find a book very much like Revelation... where we know how a very substantial part of that book did come true. So, the Book of Daniel is sort of a 'rosetta stone' for us, for Biblical prophecies.
This is not to say we understand everything now about the Book of Daniel. We do not. But vast swathes of those prophecies we do understand. What happened was the coming history of the world was well documented to, at least, the time of Jesus. This included strong documentation of the coming 'world kingdoms', how they would break up and end, and even got into deep depth about the happenings in Israel during the time of Maccabees.
There is, that is, a one on one correlation with the symbolism. One on one correlations I have not seen yet with any interpretation of the Book of Revelation.
What I do, which I think is correct, is try and consider all the possible theories, but for me, they all remain just theories, until I have further information. It is like with trying to solve a murder: you must be evidence driven in your research and conclusions. Or, it is like with science, that attempts to be rigorous in how you handle evidence and theories, and testing your theories.
Yet, I am also aware, as we do have that sort of 'rosetta stone' with Daniel, that very well no one may know until those events have come to pass.
One may point out here: 'there must be some other important attribute of the true interpretation then just that it has already come to pass, otherwise why would you ever hold theories that state that some or all of the Book may have already happened'.
There is a problem, you see, and one also found in the Book of Daniel: nobody could have figured out what that Book meant until much of it had already come true. Once Babylon passed, one could then perhaps state, with some degree of certainty, that they then had the next piece of the puzzle. But that certainty would not have been anywhere near what people after the time of Maccabees would have had. The puzzles, the code, would have remained as such until all of those pieces had happened.
Like with trying to jiggle a lock, or understand a book, or decode a cipher, or fit together a jigsaw puzzle: bits and pieces are not enough for full confidence of deciphering it. You need full sequences. Only then can you put it all together.
Part of the problem besides the obvious ramifications of how 'one piece well fit does not a jigsaw puzzle solve', is that history, as reported, very often its' self is full of errors.
Back to the "everything has already come to pass", there are many problems with that theory. That is, there are many substantial unknowns. Even the Catholic Church does not begin to address the meaning of all which happened before Chapter 20 of the book. At all. No one does. No one can.
And, if you consider what I was saying about *why* they went that way, that "why" is a very bad "why" for solving difficulties such as these. They did it to explain away "why" they now found themselves in power. As how could "The Church" ever possibly be in power until - at the least - the beginning of the thousand years? They felt they had to answer it in this way. That is not evidence driven deduction, that is bias driven deduction.
This error can be put in other ways, too: it is taking one piece of the jigsaw puzzle and attempting to complete the whole picture when there is clearly not enough information.
In fact, I can even dig up quotes from Augustine from his book, City of God, pointing out how he described his own conscience problems with what he saw happening in the Church. For instance, he expressed discontent that "Pastors" were starting to be called "Priests". On the surface, that does not seem like such a dangerous move, but what it effectively did was take the priesthood away from believers, which goes strongly against numerous statements that are very clear in the New Testament.
Do not get me wrong: I am not there convicting the Catholic Church. It is a normal human tendency to try and explain away matters, and try and feel sure about matters people want, desperately, to feel sure about. I do not think because many good Christians have believed in wrong interpretations of Revelation that, "therefore", they are damned, nor nothing silly like that.
You may be wondering "why" I am not so confident in the theory that "everything happened in the first century". After all, it does seem that, at the least, the "number of the beast" is explained strongly by that theory. It also might explain why the Church did rise to power and has had power for so many centuries. (I find very little problem in the fact that the 'thousand years' has actually been more like 'two thousand' or 'one thousand and a half' years, as the words like were not intended to be so accurate.)
Well, it is as I said, "what about all the other pieces of that jigsaw puzzle"?
Where did the two witnesses prophesy, what was evidence of the fire that came from their mouths? Where was the earthquake? Who were they? What of the stars which fell from Heaven, or the Heavens rolling up like a closed book? Who or what was the creatures released from the Abyss in Revelation 11? Who was the Beast in Revelation 12 who killed the two witnesses? How did he or it kill them? Where were the four horseman of the apocalypse and their resulting plagues? When did the Christians get beheaded, and for that matter, when and how did they rise again in something so dramatically called the "first resurrection"? What about Armageddon? When did that get fulfilled, and how?
What about all the amazing events from Chapter 12 to Chapter 20?
Really, I have not found any answers that click in place, answering all of these problems in a way that we now, today, have answered so much of the Book of Daniel.
So, for me, anyway, most of Revelation is left open. I look, I study, but I end up going, "I do not know". And I believe that is a very important, but difficult attitude to take.
It is humbling, sure. I have had and do have an amazing walk with God. I have seen many mysteries and amazing things. I would love to say "I know, I know", but I simply can not.
I do not rule out the more popular interpretations, I keep them in mind. There are aspects of some of the more popular interpretations - theories - I rule out.
I even include, for my own self, many theories I do not see as very popular, like, "maybe Revelation does not happen over seven years, maybe it is a hundred years, maybe a thousand years, maybe two thousand".
It could be that all the events I have said are inconclusive do have conclusive answers. But do not think I have not studied those possibilities. I do.
Not many theories have I closed out completely, either. Maybe the thousand years is what we are in. Maybe the Armageddon scenario and the 'end of the thousand years scenario' are one and the same thing. Many parallels there. But, no, I am not sure.