I dropped it too, at least temporarily. I'm trying to read the KJV through this year and unfortunately to this point I am way off the pace. I haven't calculated it, but I may have to read more than 10 chapters per day for a while to finish by year's end.
It's possible I may go back to Horner's plan at some future date. I do think that it is not without merit, depending on what your objective is. In particular, I think it's good to read a Psalm and a Proverb every day. I'll probably continue to do that whether or not I go back to his plan. He also says you don't strictly have to stick to his plan as laid out, and sometimes he changes it up as well. For example, you can read a chapter in Hebrews or Romans every day for a while instead of Acts, etc.
If you follow his directions, the plan is not conducive to meditating on the text unless you're going to go back and do more in-depth study on a particular passage after you've finished the day's reading. Admittedly, meditation is not really the goal. The goal is to familiarize yourself with one particular Bible and with the repetitive reading practically develop a photographic memory of that Bible, down to what column a particular passage is in, etc. (Ironically his plan seems to have really caught on with those who read the Bible in electronic format, if the apps and sites developed for it are any indication.)
In a sense, it does for the whole Bible what John MacArthur's recommendation of reading the same 5-8 chapters a day in a NT book for 30 days in a row does for the NT. At least to this point, I found the latter to be much more helpful because you're focusing on one book and can much more easily read it in context. Today when looking for a passage, I can often turn to the right page almost immediately in the NASB I used when following that practice over 10 years ago, even though I haven't used that as my primary Bible for several years. (And I only followed that plan for about a year.) I think I started with 1 John and read those 5 chapters every day for a month. Then it was on to Galatians, then splitting Romans into 2 months, John's gospel into 3, etc. I might have read Acts and one of the other Gospels using that method as well. Obviously that's a lot harder to do with the OT because it's much longer. If I recall correctly MacArthur suggested reading 3 OT chapters per day, which I think gets you through it in approximately a year. (This different approach to the OT wasn't because of his dispensationalism, but If I recall correctly he said the OT generally is more straightforward with the many narrative passages, as compared to certain difficult passages in Paul's epistles, etc.) Getting through the NT in the way described above takes something like 3 years. But in that amount of time, you'll really know it!
Horner's plan does have the advantage of getting you through the whole Bible in less than a year (some parts several times over) while also reading 10 chapters a day. Reading whole books at a time is good and is most likely to be preferred. But many will never move on to reading Leviticus, Ezra, Micah, etc. So, some kind of systematic plan is needed, whether it's this one, M'Cheyne's or another one.
