Wade Hodges made an interesting post about the righteousness of the Pharisees, but I think he has it exactly backwards.
I'll have to disagree here, because Jesus was explicit about the Pharisees' problem. At various time, Jesus offered these criticisms of the Pharisees:
Jesus's criticism of the Pharisees was absolutely NOT that they were too focused on scripture, it was that they weren't focused enough, and instead were too focused on themselves. They used scripture as an excuse for doing/believing what they wanted to do, instead of listening carefully to what scripture was saying.
The discussion about "We keep it simple, we follow the Bible" was almost nonsensical. It's a matter of epistemological priority - how would we know what Jesus said to follow Him if we didn't follow the Bible? In fact, I have seen it happen that many try to put words and meanings into Jesus' mouth which clearly are not Biblical. I think this is a better representation of a modern Pharisee - someone who uses Jesus as leverage to get what they want, self-justify their attitudes/actions, feel good about themselves, and live righteously according to their own self-determined standard of righteousness, rather than submitting to scripture and what scripture says about Jesus and the community of faith.
This happens from both liberal and conservative ends - conservatives can hold too tightly to traditions which have arisen (which may have even made sense at the time) but which are non-Biblical, and elevated those traditions above scripture's commands. Liberals tend to take their own sense of morality (whatever it is), then make a general feel-good argument about the kind of things Jesus would do (without actually studying the scriptures to see if this is true), and then claim Jesus' authority for their own beliefs and actions.
I think these are the modern representatives of the Pharisees - those who favor human tradition and knowledge above God's revelation.
I actually think that this post of Wade's is a bit Pharisaical itself - he could have easily spent the time to study what it is that Jesus did or said about the Pharisees, and then followed Jesus, but instead decided to use Jesus as a means of attacking people and ideas that he himself finds disagreeable.