Oh yeah, there are people who actually believe it. I know a couple of them and neither will put the Scriptures ahead of their "historical evidence" (read: wishful thinking) to the contary. And by de-emphasizing Christ's atonement, they can see themselves as "in like Flynn" simply because they're "the chosen people," so repentance, faith, and good deeds don't matter to these fools. God help them!

-Robin