Torah: Law or Grace?

I have heard all my life in the Christian Church that the Law is passed away, dead, nailed to the cross ect. Now I submit that the misnomered Old Testament Law is not dead, that we are still supposed, as persons who are redeemed, to follow it.
Now, let the Torah is not Law as Westerners think of it. Torah comes from the word "oorah" meaning light or to shoot forth. The word Torah itself has the additional meaning of teaching and instruction. Now the Torah was given at Mt. Sinai, with many reminders that it would be perpetual. How can it be perpetual and passed away at the same time?
Secondly, Yeshua says in Matthew 5:17-19 that He comse not to abolish but to fulfill. The Hebrew words He most likely used are rabbinical terms that mean to interpret improperly, as was being done by the Pharisees and others, the other term means to interpret correctly. Yeshua, in many places, corrects the Torah-teachers and Pharisees interpretation of Scripture by His words, "You have heard it said....but I say."
There is also the consideration that Paul and the original Apostles and all early believers followed the Torah. It was seen not as a burden, but the responsibility of a follower of Yeshua.
Yeshua says, "if you love me, obey my commandments," which were the Torah.