Nope. For me, the 'study' part of that phrase has some unfortunate connotations. As in people telling me Matthew 'put words' in Jesus' mouth because of his intended audience. Jesus didn't actually say that, you see.
But I read it every day alone and in groups and I believe God speaks directly to us in the words of Scripture. Just like the Church teaches us.
I would prefer a nice Lectio Divina group. But, as the Pope points out, those are few and far between.
I think we have some comments here based on the assumption that Pope Benedict is propounding some 'new' teaching.
I think what he is saying is our problem is that some do not adhere to what the Church has always taught. And some have no idea what the Church actually teaches.
Very well said.