Psalm 119:153-160 imparts lessons about earnest prayer for God's deliverance, affirmation of His nearness, commitment to His Word, recognition of its truthfulness, desire for divine understanding, joy in His Word, dependence on His commandments, and affirmation of His faithfulness. These lessons inspire believers to seek God wholeheartedly, trust in His Word, and find joy and satisfaction in His promises, even amidst challenges and adversity.