Jester: Human beings try to make sense of the world around us and the events that occur in it. Our attempt to do so scientifically are often wrong at first, but over time and with lots of very clever people thinking about things we get there - so with nuclear power we developed theories, tested them, discarded some as a result, worked on others, discarded some of them when the data said they were wrong and eventually ended up with a bomb and after that electricity generated by nuclear power.
The Bible we have now is (as you know) not the first Bible to exist. It was written in Aramaic first, translated into Hebrew, then Greek, then Latin, then English all by some of the greatest minds of their time (ok, I may be wrong in some details, but you get the picture...

) and bits have been left out by various church councils because they didn't seem to fit...
Remarkably like the scientific process in some ways. Sometimes we can say that an event is perhaps not so miraculous as it at first appeared because we now know (to take your example as an example) that the Red Sea becomes a trickle on occasion - but that doesn't mean the story isn't true, or that the lesson we can learn from it isn't valid - it just means that the incident did not occur in the way the original writer thought it did. Human error. God remains perfect.
It means the Bible is not always literally true - we have always interpreted it, we always will, and since we are not capable of perfection, there will always be misinterpretations and mistakes in our understanding of it.
Chuckle. Not least by copyists. Ever heard of the Bible published in the C17th over here where the bloke doing the typesetting missed out the word "not" in the commandment about adultery? (I've always suspected he did it on purpose:wah:)