Sounds like you and I are actually not that far off from each other. We both believe in the Scriptures, we both believe God keeps his promises. Let me outline what I believe is our main difference. Please correct me if I summarize your view incorrectly, no slight is intended.
Your view: God keeps his promise to the Israelites and this is seen in the nation of Israel today. God never changes, God never lies, he keeps his word. Therefore, the nation of Israel, even though flawed, still is the heir to the promises of the Old Testament.
My View: God keeps his promises to his people. God never changes, or lies. God's people are those who have faith in Christ. The promises of the Old Testament (and New) are still valid, but they apply to those of faith, not to an ethnic group. This is consistent with how God's people has always been shown. There has always been a removal of those who are not faithful, even if they are ethnically Jews (c.f. Numbers 16, 1 Samuel 2:27-36, 1 Samuel 15, and the entire 11 tribes not named Judah for examples), and the en-grafting of those who are Gentile (c.f. Rahab, Ruth, the widow in 1 Kings 17). So, the promises still apply, but to true Israel, those of faith (again see Galatians 3). And, the promises are also heightened. Just as there were shadows and types in the Old Testament (Hebrews 8:1-7, 10:1), the fulfillment to come is greater (i.e. Jesus). The promised land is heaven, new earth and new Jerusalem.
Common Ground: The Bible is true. God does not break his word. God keeps his promises to Israel.
I am your friend. What you hold to is called Dispensationalism. What I hold to is called Covenant Theology. It's a big difference in Protestant Christianity. But it's not a disagreement worth breaking fellowship over. Your view is definitely more popular right now in America, but historically it is both new (early 1800's) and is not what the Church has believed historically.
"Be a listener only, keep within yourself, and endeavor to establish with yourself the habit of silence, especially on politics." -Thomas Jefferson
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