This booklet (2nd Edition - 2023) will briefly trace the development of dispensationalism as it relates to salvation in different dispensations. Evidence will be given proving that the dispensationalism taught by many King James Only preachers and authors is nothing more than a revised dispensational position rooted in Calvinism. The faulty ideas of this revised position will be dismantled by critiquing their major arguments and examining their books in light of the Book.