I think that is an excellent analogy. Your interpretation is confirmed by God's promise of what He would do in the New Covenant:
Originally Posted by gregoryfl
Hebrews 8:8-12 For finding fault with them, he saith, Behold, the days come, saith the Lord, when I will make a new covenant with the house of Israel and with the house of Judah: 9 Not according to the covenant that I made with their fathers in the day when I took them by the hand to lead them out of the land of Egypt; because they continued not in my covenant, and I regarded them not, saith the Lord. 10 For this is the covenant that I will make with the house of Israel after those days, saith the Lord; I will put my laws into their mind, and write them in their hearts: and I will be to them a God, and they shall be to me a people: 11 And they shall not teach every man his neighbour, and every man his brother, saying, Know the Lord: for all shall know me, from the least to the greatest. 12 For I will be merciful to their unrighteousness, and their sins and their iniquities will I remember no more.These prophecies and promises have been fulfilled in the Church, the Body of Christ.
Your analogy reminds me of a discussion we had last December in which I compared the relation between the Law and the Christian with training wheels on a racing bike:
Many blessings Ron,
Originally Posted by RAM