What is the meaning of "v'His'halachti b'Soch'chem"?
Ramban: It means that Hashem will deal with us openly, like a king who walks in the midst of his camp, providing his troops with all their needs.
Targum Onkelos and Targum Yonasan: It means that Hashem will rest His Shechinah among us.
Seforno: And His honor will be visible for all to see.
Rashi: Though we will fear Him, as the Pasuk goes on to say "v'Hayisi Lachem l'Elokim".
What are the connotations of "v'Hayisi lachem l'Elokim v'Atem Tih'yu Li l'Am"?
Seforno: It means that, since Yisrael will then 1 be in the image of Hashem, Hashem will be their sole G-d, 2 - as Hashem intended when He created Adam (had Adam not sinned by eating the forbidden fruit) and at Matan Torah (had Yisrael not sinned by the Eigel ha'Zahav).
Targum Yonasan: It means that Hashem will our G-d who redeems us, and we will be His holy nation. 3
Seforno: In the days of Mashi'ach and in Olam ha'Ba, to which this Parshah is referring.
We will no longer be under the jurisdiction of the Mazalos or of any other powers.See Seforno, who elaborates further.
See Na'ar Yonasan, who suggests that Targum Yonasan concurs with the explanation of the Seforno.