Look at 1:18 – 19 and 1:23 note the parallels:
|Redeemed||Blood of Christ||Imperishable|
|Born Again||Living and Enduring Word of God||Imperishable|
The parallels are striking. Both the blood of Christ and the Word of God are described as imperishable. Both have a hand in our eternal state before God. At this point in my study this comparison has flagged something at which I need to take a closer look. But at the very least this structure strongly emphasizes the importance of the Word of God as foundational to both our standing before God and our assignment to live a holy life in the world.
We do well to pay close attention to Peter’s thought here.