Carolyn Moore wrote a good article summarizing the 5 key points as put forth by the Wesleyan Covenant Association.
She writes, ‘The obvious fact is that the UMC is in crisis but we all know that for imaginative people, a crisis is an opportunity in disguise. What opportunity does this crisis provide our faith tradition? What kind of renewal could rise from the ashes? If the UMC is heading for a significant change anyway (and it is), what would we want to emerge on the other side?’