I knew my story as a priest in TEC was going to get interesting back in the mid to late 80's when somebody asked me if I could tell him what "the Episcopal Church believes", and I realized that, as a "church", it offically doesn't seem to believe anything, not even its own words.
Episcopal clerics were happy to pronounce this and that to be the way it was, the true Gospel, the Saddharma, whatever. But it was always only the opinion they shared with a couple of their friends. HERE the Blessed Sacrament is reverently locked up in a little expensive and ornate closet before which one bows, and lay people are not allowed to touch the trappings and vessels associated with the sacrament until after a reverential decontamination by an ordained person. THERE we give consecrated hosts to dogs to eat and pour the consecrated wine onto the myrtle or down the drain to mix with the other sewage.
TEC new motto: "standing for nothing, falling for anything."
As former President Clintoon whined, "it depends on the meaning of is".
If Christians understand Jesus's words of Institution "this is my body" to be a statement of absolute fact then there are tangible and discrenable consequences on how the Body of Christ shall be handled, given, and received.
And if Christians understand the meaning of "are" as in St. Paul's admonition to Corinth "now you are the body of Christ" there are tangible and discernable consequences of how the physical bodies we think are our own are to be given and received in intimate relations.
But for those who preach a different gospel there is no new law of obedience to Christ, only hedonistic antinomianism