Paraphrase
9 Those who stretch Christ's teaching, lose both truth and God, but those who hold to His teaching remain in Him, and in God.
Key Verse
9 - It's the only one here.
New Thoughts
It's interesting in looking at the alternatives for 'going too far', that while the second "more accepted" word defines the cause, the first still serves to define the effect. The problem is our propensity for hearing the seed of truth, and jumping off to inappropriate conclusions from there; we stay focussed just long enough to hear something that tickles us, and then forget the rest of Scripture as we wander the paths of our own thoughts. Thus do we get out ahead of what Christ is doing and saying. The consequence of remaining on such a tack uncorrected is shown in the first word: we turn aside, abandon our trust, and lose our office due to our transgression. Ah, but how does this last fit the full counsel of God? Can we fall or can we not? Surely, there is a large amount of teaching that would say we cannot, and yet... Of course, in this instance, it's an implication based on a word which may or may not be correct. But the same possibility seems to be implied in the previous verse, as well.
I also like what the words say for those who remain sound. We remain as one with the Teacher, not becoming another, or different. We persevere, and stand firm in the teaching of Jesus. In doing so, not only do we have in hand the teaching He has given, but we also own the Father and the Son in much the same way as we 'own' our spouse or our children. We own each other inasmuch as there is that implied obligation one to the other. What's such a blessing in this is that it's not a one way thing, we're mutually obliged. God, help us to hold up to our obligations, and thank You for holding up to Yours.