Ben Witherington (Theopedia | Wikipedia) apparently thinks so. In his recent post “Mr. Falwell Moves On Up” he said, “Throughout his adult life he remained a committed Reformed Dispensationalist Baptist.” When I read that I did a double take, as you probably just did. Reformed?! In what sense?! It seems that he is using Reformed as a synonym for Calvinist rather than as a synonym for Covenantalist, since it occurs alongside Dispensationalist.
Jerry Falwell (Wikipedia) a Calvinist?! The same man who just pronounced limited atonement heresy?! Here are the words from a chapel message entitled “Our Message, Mission and Vision,” which Falwell preached at Liberty University on Friday, April 13, 2007—almost exactly a month prior to his death.