I just gave a presentation on Acts 2:38 and the doctrine of baptismal regeneration; one can find the slides here.
I have discussed this particular issue a couple of times on this blog; one important article is a response to Michael Flournoy's misinformed comments:
Christ's Baptism is NOT Imputed to the Believer
Also, on John 3:3-5:
Baptism, Salvation, and the New Testament: John 3:1-7
I have discussed this particular issue a couple of times on this blog; one important article is a response to Michael Flournoy's misinformed comments:
Christ's Baptism is NOT Imputed to the Believer
Also, on John 3:3-5:
Baptism, Salvation, and the New Testament: John 3:1-7