It IS a wonderful privilege to live with the Holy Spirit available to all who accept Christ. But I think we must be aware that the Holy Spirit does not replace studying the word, for we are told to check the spirits. Many in the church councils through the years thought they could add to to word because they had the Holy Spirit, when some of their additions were from the flesh. The Holy Spirit does not give even the pope this power.
The Holy spirit is one with the Lord and His word. The wonderful Holy Spirit does not replace study, it gives us understanding of the study.
Error on both sides of the path.
Studying the word does not replace the Holy Spirit.
I think that is a just as likely failure.
The two are always one, but the written can not be appraised properly without Spirit.
The truth is you cant fail by having more dependence on the spirit.
The written word exists for us to test the spirits and make sure we are walking in the Spirit of Jesus and God and not something else.
But yes time for another Reformation and to finish what was started and return to the a pure faith and its power that was lost and forgotten. For we are the Children of God. So how should we act?
How far from what was intended do we live our lives?
Have we not spent enough time in sin and fruitlessness?
May God have mercy.