A New Reformation?

When Martin Luther posted his 95 Theses on the door of the church at Wittenburg, he started a transformation of the Christian religion as people of faith knew it. Reading about books like this one, I wonder if we're not on a similar cusp, where the structures that we once knew have become corrupt and outdated, to be replaced by something new and different. Is religion transforming like a caterpillar into a butterfly? Will what comes next look totally different from what has come before?

Or is it possible this just another example of American individualism, an independent mystic, a backlash against fundamentalism, or ignorance of the substantial goods and peace-loving traditions offered by the world's major religions?