I like the idea of "scripture" -- writings we can depend on to give us hope and counsel and so on, but the Old Testament just doesn't qualify.  (A couple of books in it, like Ecclesiastes, might).  Most of the OT is just the writings of nationalistic Jews trying to set themselves above the rest of mankind.  All cultures like to try to do this some way.

What we need is some sort of world council to set a better canon -- one less narrow and with better moral standards.