I'm not sure if Cupitt himself still uses this term, but it's useful in suggesting that, actually, there are more choices than the choice between nihilism and faith. In fact, the issue may not be faith as such but the fact that for millennia, Christianity has buttressed itself with a particular kind of metaphysics that has now seemingly reached the end of its life-span. But perhaps Buddhist metaphysics could provide an alternative here - or, at least, offer a direction of travel.