Chruch or congregation, the implications sound the same. Peter is called aside for a conference and
given the keys to the executive office of an organization that will be around for a while.
Did I say organization? Well, it appears that there are a number that have edited this picture out of the script.
I think David-Jay's survey of the Protestant spectrum of though is spot on. Before coming into contact with JW, it puzzled me how so much of this thought was based on the notion that Christianity had been hijacked for a millenium and a half - and that nothing of value was there until it was filtered through a succession of Central European clerics and allied princes. Subsequently those that would save us from the hijacking used Biblical translations and anthologies as inerrant sources of doctrine in their mouths. Which meant an even longer interregnum until things could get even further re-organized in North America...