When I look out at the state of Christianity, I see far too much strife, division, and arguing about words. These are the very things that to a large extent keep people away from the Lord. In my view, anything that keeps one from feeding on the love of God in Christ Jesus is a hindrance, and that includes legalistic religion, which is in a class of its own in that regard. 2Cor 3 is very clear on that.
As for the law, it now is only a guide on how to love. Christ has fulfilled the principle of law. It is no longer something we need to stress about. Everything is a matter of "becoming love", as Dan Mohler and Todd White would say. When we walk in that, we are fulfilling the requirements of the law, as well as being full of the Spirit. I like to keep it as simple, or childlike, as possible, and focus on motivation rather than the letter. From the heart are the issues of life, not the head.