This modified or neo-classic view has been widely adopted within the dispensational community. In fact, one could argue that it is the majority view, inciting the publication of all sorts of time-based speculation regarding the rapture and the great tribulation.
Thanks for your thoughtful and erudite summary of how today's prediction-pimping differs from "classical" dispensationalism.
One of the great ironies of history: Roe v. Wade started in Dallas Theological Seminary's own back yard -- and they completely missed the significance of the event. An obsession with "prophecy" teaching rendered them incompetent to speak prophetically, to apply God's Word to the real-world stuff happening right under their noses.
This type of exegetical "find what one needs" within Roman Catholic interpretation is actually allowed within their system. The Catholic Encyclopedia states, "all persons, events, or objects of the Old Testament are sometimes considered as types, provided they resemble persons, events, or objects in the New Testament, whether the Holy Ghost has intended such a relationship or not." That is, make the connection that is needed. Whether or not the author of the Bible, the Holy Spirit, actually intended it is not a factor. This is exactly what happens with Mary typology. Catholics go through the Old Testament finding people, places, and things that are "types' to grant Biblical status to their extra-Biblical Marian beliefs. (Mary Typology )If you examine Scofield’s Notes and the theology derived from them, one discovers this same underlying principle. E.g., From Scofield Reference Notes (1917 Edition):
The entire chapter (Genesis 24) is highly typical:(1) Abraham, type of a certain king who would make a marriage for his son Matthew 22:2 ; John 6:44 .
(2) the unnamed servant, type of the Holy Spirit, who does not "speak of himself," but takes of the things of the Bridegroom with which to win the bride John 16:13 John 16:14 .
(3) the servant, type of the Spirit as enriching the bride with the Bridegroom's gifts Galatians 5:22 ; 1 Corinthians 12:7-11 .
(4) the servant, type of the Spirit as bringing the bride to the meeting with the Bridegroom Acts 13:4 ; Acts 16:6 Acts 16:7 ; Romans 8:11 ; 1 Thessalonians 4:14-16 .
(5) Rebekah, type of the Church, the ecclesia, the "called out" virgin bride of Christ Genesis 24:16 ; 2 Corinthians 11:2 ; Ephesians 5:25-32 .
(6) Isaac, type of the Bridegroom, "whom not having seen," the bride loves through the testimony of the unnamed Servant 1 Peter 1:8 .
(7) Isaac, type of the Bridegroom who goes out to meet and receive His bride Genesis 24:63 ; 1 Thessalonians 4:14-16 .