Version One. (the page numbers and layout are a bit different than the text i used, so you must adopt a little). The idea of חידוש was discussed at length in this class. The point the Rebbe is making is that the idea of חידוש is by a בעל תשובה. The Rebbe links this to שמחת תורה and the postponement of the joy of the Torah from Kippur until Shmini Atzeres and Simchas Torah.
Version Two from Beis Midrash Linashim.ביום השמיני עצרת ה’תש”מ
Class One.This class is about the difference between Tzadik and Ba’al Teshuva: that the Tzadik is the Teva of G-dliness in the world, while the Ba’al Teshuva is the Chidush in the world.
Bayom Hashmini 5740 (Version 2 Class 1)
Class Two.This class explains why Shmini Atzeres is called the eighth day and not the first.It’s the eighth day of Teshuva and it’s implications.