the bible IS the inerrant word of God, but there are many problems with the way we interpret it. i think we tend to dramatize some of the miracles a little bit too much, and that's one reason people call the bible ''a bunch of fairy tales''... we take a hollywood approach to everything. take the story of the parting of the red sea as an example: some of us have seen the movie ''the ten commandments,'' where moses raises up his hands and suddenly there are two walls of water in the middle of the red sea, so that's the way we picture it in our minds. but not many people know that napoleon's engineers successfully calculated the exact time when the wind would allow napoleon's army to do the same thing, nor do they know that divers have found countless egyptian chariot axles and other artifacts under the red sea in that same place. there's an underwater ridge where the israelites are believed to have crossed the red sea. it's a strip that reaches from one shore to the other, and the water is only about ten feet deep in that spot. when there is a strong enough wind blowing from the east (as is written), the water is pushed over the sides of the ridge, and the ridge is exposed. the point is, God created everything we will ever know. He can work in supernatural ways that seem natural to us, because we don't have strong enough faith to see past the natural. too many of us can only believe what we see with our own eyes, and that's one thing that causes so much controversy over the inerrant word of God.
by the way, i don't think ''born again'' is a denomination. it's just a term for a passionate christian.