What are the connotations of "va'Hashem He'emircha ha'Yom"?
Ramban: Today is like Har Sinai, when Hashem elevated you and aggrandized you with your acceptance of the Torah, to be for Him a treasured nation over and above all the other nations. 1
Seforno: By entering into a covenant with us, He elevated our status.
Because to you alone did He give the Torah, not to any other nation, as the Pasuk states in Tehilim, 147:19 - 20.
What are the connotations of "Lih'yos Lo le'am Segulah"?
Seforno: To achieve in Yisrael what Hashem intended to achieve through mankind.
Ba'al ha'Turim: With reference to 26:17:1:10, the Torah here lists six blessings "Lih'yos Lo le'Am Segulah", "u'Lesitcha Elyon", "li'Sehilah", le'Shem, "u'le'Siferes", "ve'Lih'yoscha Am Kadosh".
Where did Hashem say that they would be a treasured nation?
Rashi: At Har Sinai, when He declared (Sh'mos, 19:5) "Vih'yisem Li Segulah!"
What are the connotations of "Velishmor Kol Mitzvosav"?
Seforno: This too, is to our advantage, inasmuch as, when we keep the Mitzvos, we find favor in His Eyes.
