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So...recent interpretations of archeological findings show centuries old written history is wrong, and the Jews are, really and truly, the first inhabitants, thus "entitled" to all the land they survey?
That's not precisely what they found. They were tasked with finding the titles to the land, in effect. They didn't. They found most of the mythology was exactly that: mythology. They do not have a preeminent claim over all others. They were a tribe in that region, like many others. Who has the oldest claim? To my knowledge, that wasn't settled. But we know there were no significant numbers of Hebrew slaves in Egypt, at least not during the Kingdom indicated in the story. So no exodus.
They didn't find what the Israeli government wanted them to find. They wanted verification of their fables, but those were no forthcoming.