@Diogenesister
Sure it reads that way--if you believe the Jehovah's Witnesses and adhere to their particular literal reading of the Scriptures. But doing that won't match up with anything you can find or verify historically or archeologically.
You have to read the directive for sacrifices from Jewish Scripture much as you would of any culture that practiced the same thing. You also need to have a good idea of how and why ancient cultures did this. We are talking about eating. Not only were animals sacrificed, but the first fruits of grains and first batches of oil and wine.
One striking thing to remember is that the Jewish doctrine that G-d is very unlike humans is pre-Biblical, and therefore you can't read the texts without understanding that at all times. G-d neither eats, nor breathes, nor smells...etc. Jews have always been adamant about this. We don't even refer to G-d as "he" (you might notice this from my writing). The Scripture pronoun "he" in Hebrew when used in reference to G-d actually mean "he/she/it" and has no equivalence in English.
This means Jews knew G-d had no use for animal blood or the smell caused by an offering on the altar. Therefore you have to read the expressions with this in mind.
Without the sacrificial system people could not get a lot of the foodstuffs they needed. The priestly class could not feed itself. People who were not physically able to keep large cattle under their control as they slaughtered them for meat (have you ever tried to hold down a cow as you made a hamburger out of him?) would have to settle for vegetarian diets while only the strong could enjoy a good steak!
What the system did was offer a continual way to give thanks to G-d for each animal slaughtered. It removed parts that weren't edible or thought proper for the diet (fat and certain innards are set "aside for G-d"), and provided a way for all to get what they needed from the cattle they raised.
If you think people brought animals to the Temple with fear that G-d would strike them down, you really don't have an idea of what it's like to live in a world without your corner Piggly-Wiggly or Taco Bell stand readily offering you food. Jews weren't the only people who did this in ancient times. It was the norm before some clown invented McDonald's.