Here is a link to a very good new book entitled:
Inspiration and Incarnation: Evangelicals and the Problem of the Old Testament
http://www.amazon.com/Inspiration-Incarnation-Evangelicals-Problem-Testament/dp/0801027306
Here is one quote, as cited in the comments:
"Therefore, the question is not the degree to which Genesis conforms to what we would think is a proper description of origins. It is a fundamental misunderstanding of Genesis to expect it to answer questions generated by a modern worldview, such as whether the days were literal or figurative, or whether the days of creation can be lined up with modern science, or whether the flood was local or universal.... It is wholly incomprehensible to think that thousands of years ago God would have felt constrained to speak in a way that would be meaningful only to Westerners several thousand years later. To do so borders on modern, Western arrogance....To argue, as I am doing here, that such biblical stories as creation and the flood must be understood first and foremost in the ancient contexts, is nothing new. The point I would like to emphasize, however, is that such a firm grounding in ancient myth does not make Genesis less inspired; it is not a concession that we must put up with or an embarrassment to a sound doctrine of scripture. Quite to the contrary, such rootedness in the culture of the time is precisely what it means for God to speak to his people.... This is surely what it means for God to reveal himself to people - he accommodates, condescends, meets them where they are."
I am only partway through the book, but so far it is very solid, both historically and theologically.
Inspiration and Incarnation: Evangelicals and the Problem of the Old Testament
http://www.amazon.com/Inspiration-Incarnation-Evangelicals-Problem-Testament/dp/0801027306
Here is one quote, as cited in the comments:
"Therefore, the question is not the degree to which Genesis conforms to what we would think is a proper description of origins. It is a fundamental misunderstanding of Genesis to expect it to answer questions generated by a modern worldview, such as whether the days were literal or figurative, or whether the days of creation can be lined up with modern science, or whether the flood was local or universal.... It is wholly incomprehensible to think that thousands of years ago God would have felt constrained to speak in a way that would be meaningful only to Westerners several thousand years later. To do so borders on modern, Western arrogance....To argue, as I am doing here, that such biblical stories as creation and the flood must be understood first and foremost in the ancient contexts, is nothing new. The point I would like to emphasize, however, is that such a firm grounding in ancient myth does not make Genesis less inspired; it is not a concession that we must put up with or an embarrassment to a sound doctrine of scripture. Quite to the contrary, such rootedness in the culture of the time is precisely what it means for God to speak to his people.... This is surely what it means for God to reveal himself to people - he accommodates, condescends, meets them where they are."
I am only partway through the book, but so far it is very solid, both historically and theologically.
One thing we need to keep reminding people of over and over again is that a reading other than a historical-literal one does not constitute a "dismissal" of scripture nor a denial of inspiration. 
