"I want men everywhere to lift up holy hands in prayer, without anger or disputing." NIV translation
Paul speaks, now, of men being focused on prayer during worship. The reference to "holy hands" speaks of the fact that these men are to be continually set apart for God's use and not just "playing church" on a Sunday. This prayer is not only a bringing a list of wants and needs to the Lord but also a listening to the leadership of God through the Holy Spirit. They are to come with peace in their hearts towards their fellow man so that their hearts will be prepared to meet with the Lord.
"I also want women to dress modestly, with decency and propriety, not with braided hair or gold or pearls or expensive clothes, but with good deeds, appropriate for women who profess to worship God." NIV translation
This passage is widely misunderstood as many pastors will say that, if a woman wears makeup or does not wear a dress to worship, she is going to hell.
This is just modern legalism and a denial of the grace of God. Paul tells this to Timothy and makes it clear that it is not some commandment but it is what he considers to be proper for worship.
The simple fact of the matter is that all people should pray and seek the guidance of the Holy Spirit even in the way we dress.
"A woman should learn in quietness and full submission. I do not permit a woman to teach or to have authority over a man; she must be silent." NIV translation
This passage has been widely misunderstood and used to keep women from becoming more active in the body of Christ. Paul says "I do not permit" which clearly lets us see that it is not an instruction from God but a rule of man. Our meditation on Women In Christian Leadership will give more insight on this topic.
"For Adam was not the one deceived; it was the woman who was deceived and became a sinner." NIV translation
Paul explains that the reason that he has this rule is the fact that Satan deceived the woman (see Genesis 3). We have to also remember that, at this time, women led in the pagan sex religions.
"But women will be saved through childbearing - if they continue in faith, love and holiness with propriety." NIV translation
Restoration (salvation) came through the birth of a child (Jesus) and this is for women as well as for men.