that I love LSB. I think it is a great Hymnal and Service Book. BUT there are times I get very irritated with it. Christmas Day's collect is one of them.
The Latin original for this beautiful collect contrasts the new birth in the flesh of Christ with our ancient servitude under the yoke of sin - and rejoices that in Christ the newness breaks through the oldness of sin and death to liberate us.
Well, the LSB collect retained the notion of freedom from the bondage of sin, but totally left out "the new" and "the old" and I can't for the life of me figure out why. With the birth of Christ in the flesh all is new ("Behold, I make all things new!" and "the old has passed away, the new has come!") and the old yoke is smashed - a new world opens up.
Hand in hand with that is the way that some translate the "Everlasting Father" of Isaiah 9 as "Father of the Age to Come." In other words, Christ as the new constitutive center of the coming age stepping into the place parallel to Adam in this old age. In Christ's new birth all things can become new again. Sad that it was dropped.