Gene90
The depressing context of the compilation of the Bible is no more depressing than the early life of Joseph, Egypt, the captivity in Babylon or the crucifiction of Jesus. We are in the world not of it - so is the Bible. The dead sea scrolls and numerous other evidence suggest that tthe Bibl we have is in pretty good nick. And which books do you want to remove from the canon? I hardly think any teaching of scripture would be compromised if you threw away 25%.
As food for thought I will repeat my two littel hints that we might have the right Bible:
1. 66 book Isaiah appears to be a picture of the entire word. The 40th chapter begins with 'a new coveant' as does the 40th book of the Bible (Matthew, 1st book of NT). The 66th chapter discusses the 'new heavens and the new earth' as does the 66th book of the Bible (Revelations).
2. The 7-sticked candlestick was the source of light (cf the word) in the Tabernacle. It had 66 pieces. When broken in 'half' (4/3 sticks) it breaks into 39 and 27 part components.
But I agree with you that the 'letter of the law' killeth whilst the Holy Sprit brings the word of God alive.
There is no reason to suspect that the Bible we have is not essentially the direct word of God.
Have a look at Jesus' use of the Old Testament.