What are the connotations of "ve'Nikdash bi'Chevodi"?
Rashi #1: It means that the Mishkan will become sanctified when Hashem comes to rest His Shechinah in it.
Rashi #2 (citing a Midrash) and Targum Yonason: Reading "bi'Chevodi" as "bi'Mechubadai", it means that Hashem would be sanctified by His honored ones (a hint to the death of Nadav and Avihu). 1
Rashbam: It means that Hashem will appear to Yisrael when the Mishkan is finally set-up, when fire will descend to consume the Korbanos. 2
Oznayim la'Torah: It is the fact that the Ohel Mo'el serves as a place where the Shechinah rests to speak with Yisrael that sanctifies it