(What I am about to post is possibly not reflective of the truth per the kabalah ideas that I have overheard, as, in some essential respect, the trein rei'in delo misparshin are a reality, and even though we, as Knesess Yisroel, are only openly identified with the Shechina haK'dosha which seems to be surrounded with the thorns of k'lipos and evil now and our "mate" is seperated from us in some way while protecting us in the Golus. Gevalt. What it all means is that we are so far apart, even though we are so connected. This golus is bitter, bitter, bitter, because of how horrifying it makes things look. At the source, though, we are still really in total yichud, and essential, because Yisroel, oraisa v'Kudsha B"H chad hu. My post is meant only "al derech avodah".)
Dear Rage, I believe that Moshe Rabeinu was teaching us that even though He does love us as we are, if we are to retain the correct perspective, it is essential that we occasionally see ourselves as though we are "non-essential personnel". To not directly pin that love on ourselves, but on Him. Meaning, the main point is that: He loves. That we are the recipient of that love is really almost accidental, in our view. Avraham, the one Hashem said He loved so much had one favorite saying: "va'anochi ofor vo'eifer" - I'm nothing, like some dust, that's all.
So after letting us in on the real Truth, maybe Moshe Rabeinu told us how to stay in the game: Look at it this way: He only loves you because of your fathers, He only gave you eretz yisroel because the wacked-out goyim there were sooo bad, etc.
Hope this means something and is useful to someone.