I have always viewed the various dynamic equivalency and paraphrase versions as an easier read, but not as accurate as literal versions. I am not very fond of the NIV, but with the advent of this "Message" version, the NIV has been raised to a new standard. Let's look at some comparison verses:
1 Timothy 3:16
KJV - And without controversy great is the mystery of godliness: God was manifest in the flesh, justified in the Spirit, seen of angels, preached unto the Gentiles, believed on in the world, received up into glory
YLT- and, confessedly, great is the secret of piety -- God was manifested in flesh, declared righteous in spirit, seen by messengers, preached among nations, believed on in the world, taken up in glory!
LITV - And confessedly, great is the mystery of godliness: God was manifested in flesh, was justified in Spirit, was seen by angels, was proclaimed among nations, was believed on in the world, was taken up in glory.
MESSAGE - This Christian life is a great mystery, far exceeding our understanding, but some things are clear enough: He appeared in a human body, was proved right by the invisible spirit, was seen by angels. He was proclaimed among all kinds of peoples, believed in all over the world, taken up into heavenly glory.
Colossians 2: 8-9
KJV - Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ. For in him dwelleth all the fulness of the Godhead bodily
LITV - Watch that there not be one robbing you through philosophy and empty deceit, according to the tradition of men, according to the elements of the world, and not according to Christ. 9 For in Him dwells all the fullness of the Godhead bodily;
YLT - See that no one shall be carrying you away as spoil through the philosophy and vain deceit, according to the deliverance of men, according to the rudiments of the world, and not according to Christ, because in him doth tabernacle all the fulness of the Godhead bodily,
MESSAGE - They spread their ideas through the empty traditions of human beings and the empty superstitions of spirit beings. But that's not the way of Christ. Everything of God gets expressed in him, so you can see and hear him clearly.
Matthew 6:9
KJV - After this manner therefore pray ye: Our Father which art in heaven, Hallowed be thy name.
YLT - thus therefore pray ye: `Our Father who [art] in the heavens! hallowed be Thy name.
LITV- So, then, you should pray this way: Our Father who is in Heaven, Hallowed be Your name.
MESSAGE - With a God like this loving you, you can pray very simple. Like this: Our Father in heaven, reveal who you are.
Acts 11:18
KJV - When they heard these things, they held their peace, and glorified God, saying, Then hath God also to the Gentiles granted repentance unto life.
YLT- And they, having heard these things, were silent, and were glorifying God, saying, `Then, indeed, also to the nations did God give the reformation to life.'
LITV - And hearing these things, they kept silent and glorified God, saying, Then God also has granted to the nations repentance unto life.
MESSAGE - Hearing it all laid out like that, they quieted down. And then, as it sank in, they started praising God. "It's really happened! God has broken through to the other nations, opened them up to Life!"
Romans 16:17
KJV - Now I beseech you, brethren, mark them which cause divisions and offences contrary to the doctrine which ye have learned; and avoid them.
YLT - And I call upon you, brethren, to mark those who the divisions and the stumbling-blocks, contrary to the teaching that ye did learn, are causing, and turn ye away from them;
LITV - And brothers I exhort you to watch those making divisions and causes of stumbling contrary to the doctrine which you learned, and turn away from them.
MESSAGE - Keep a sharp eye out for those who take bits and pieces of the teaching that you learned and then use them to make trouble. Give these people a wide berth.
1 Timothy 4:1
KJV- Now the Spirit speaketh expressly, that in the latter times some shall depart from the faith, giving heed to seducing spirits, and doctrines of devils;
YLT - And the Spirit expressly speaketh, that in latter times shall certain fall away from the faith, giving heed to seducing spirits and teachings of demons,
LITV - But the Spirit expressly says that in latter times some will depart from the faith, cleaving to deceiving spirits and teachings of demons,
MESSAGE: The Spirit makes it clear that as time goes on, some are going to give up on the faith and chase after demonic illusions put forth by professional liars."
2 Timothy 4:3-4
KJV - For the time will come when they will not endure sound doctrine; but after their own lusts shall they heap to themselves teachers, having itching ears; 4. And they shall turn away [their] ears from the truth, and shall be turned unto fables.
YLT - for there shall be a season when the sound teaching they will not suffer, but according to their own desires to themselves they shall heap up teachers -- itching in the hearing, and indeed, from the truth the hearing they shall turn away, and to the fables they shall be turned aside.
LITV - For a time will be when they will not endure sound doctrine, but according to their own lusts, they will heap up to themselves teachers tickling the ear; 4 and they will turn away the ear from the truth and will be turned aside to myths.
MESSAGE - You're going to find that there will be times when people will have no stomach for solid teaching, but will fill up on spiritual junk food - catchy opinions that tickle their fancy. They'll turn their backs on truth and chase mirages.
Revelation 22: 12-13
KJV - And, behold, I come quickly; and my reward is with me, to give every man according as his work shall be. 13 I am Alpha and Omega, the beginning and the end, the first and the last.
YLT - And lo, I come quickly, and my reward [is] with me, to render to each as his work shall be; I am the Alpha and the Omega -- the Beginning and End -- the First and the Last.
LITV - And lo, I come quickly, and my reward is with me, to render to each as his work shall be; 13 I am the Alpha and the Omega--the Beginning and End--the First and the Last.
MESSAGE - "Yes, I'm on my way! I'll be there soon! I'm bringing my payroll with me. I'll pay all people in full for their life's work. I'm A to Z, the First and the Final, Beginning and Conclusion.
If the Literal Translations are like a two edged sword, and the NIV is like a single edged sword, then the Message is like a butter knife. Coupled with the new age terms that it uses, I would recommend that it makes an excellent door stop. I can not believe that Baptist pastors are reading to their congregations out of this "translation". Just my opinion.