The main organizations devoted to Mormon apologetics are The Maxwell Institute (formerly the Foundation for Ancient Research and Mormon Studies or FARMS) and The Foundation for Apologetic Information and Research (FAIR). The former is part of the church-owned Brigham Young University while the latter is an independent non-profit organization. Many other unofficial apologetic sites exist. Of particular note is Jeff Lindsay's site. These sites cover many topics relevant to Mormonism, but my main interest is what they have to say about the Book of Mormon.
An article from the Maxwell Institute entitled Recent Trends in Book of Mormon Apologetics describes some of the broad themes that apologetics have addressed. The author,
... a new generation of scholars is moving ahead with various archaeological projects with surprisingly good results. Rather than focusing on Mesoamerica, an area that has yet to yield anything identifiably "Nephite" in character, recent work has focused on Lehi's departure from the Near East. These studies are viewed as the most promising development to date in many FARMS and Latter-day Saint academic circles.And it came to pass that Ishmael died, and was buried in the place which was called Nahom." Jeff Lindsay places this discovery at the top of his list of Book of Mormon evidences with the comment "this may be the most powerful evidence for authenticity yet!" Judkins, however, advises caution against any expectations that this will be accepted by the non-Mormon academic community citing controversies over Jericho's walls, which subject is far less divisive than Book of Mormon historicity. No specific archeological finds in the Americas are mentioned at all in Judkins' article.
The most widely studied area of textual analysis is the identification of Hebraic forms in the text of the Book of Mormon, especially chaismus, a form in which a central idea is couched between material that precedes the main idea and then follows in reverse order. However, Judkins points out that many of these finds are lacking in rigorous definition, and therefore not very meaningful as evidence.
A Latter-day Saint Web site purports to have found the "key" to the so-called Davidic Chiasmus (a simple variation of other well-documented forms). The site provides a set of rules whereby readers can find these literary structures for themselves. And find them they do—in both ancient scripture and modern revelation. The fact that chiasmus appears to show up in the Doctrine and Covenants has led these individuals to expect it in any document that was partially the product of divine inspiration. Casting even wider nets, they have found the same pattern in dozens of political documents and even in Martin Luther King's "I have a dream" speech. Applying their rules, I have also been able to locate the Davidic Chiasmus in such presumably uninspired works as modern novels and the Manhattan telephone directory (a text that is totally random and can therefore reflect any pattern one cares to project upon it). All of this illustrates the need to set clearer ad hoc guidelines as to what sorts of parallels we are willing to accept as nonspurious. Otherwise, through lax application, the search for ancient poetic and interpretive forms could very well become a Mormon Kabbalah.
Judkins is refreshingly honest, but the picture he paints of the current state of Book of Mormon apologetics reveals it to be quite barren, and Judkins is a pro-Mormon author writing on the most official Mormon apologetic site.
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