Peace on Earth

A writer of admirable scholarship and historical expertise recently posted that the correct translation of the promise from the angels was peace on earth to men of good will. Baron Ledhin once commented that those who cannot speak Greek (or have access to someone who does so very well and is justly impartial) have tremendous difficulties with Scripture. I need to verify the accuracy of this translation, but, if it is correct, it places the proclamation in a strangely interesting and new light.
Those of bad will will, of course, not have peace this Christmas. And those of good will, struggling as they may be, can count on it. This translation puts more emphasis upon the old paradox: on earth, as it is in heaven...in heaven, as it is on earth.