A Paraphrase Of The NASU ?

About 10 months ago I had asked a question . We know that Ken Taylor paraphrased the 1901 ASV into what became known as The Living Bible . The NLT1 and se are a far cry from TLB . They are quite better , still functionally equivalent but coming a lot closer to the formal end of the spectrum than TLB or Message . And they are not paraphrases .
If the NASU ( updated in 1995 ) was paraphrased today -- how would it read ? To what modern version would it bear the closest relationship ?

Do any of you paraphrase Scripture to gain an understanding of the text in your own words ? Of course this is done all the time in a sermon . Even KJVO'ers while delivering messages on actual content in their Bibles unavoidably have to paraphrase the words of KJV .