Verbalization concretizes a concept, taking it from the level of the hazy intellectual into a true and down-to-earth guide for life.
In addition, studying orally is an invaluable memory aid, allowing the Torah to be internalized via our ears as well -- in the process generating more of the "attentive listening" of Way 2.
Thus, one who studies Torah must take it to heart as well to head. One might even suggest that knowledge without the emotional resources to assimilate it is more harmful than beneficial. Recall that we are descended from a nation which danced around a golden calf .......
The Malbim (R. Meir Leibush of 19th Century Eastern Europe), in his commentary to the Scriptures, explains saichel as the ability to fathom principles and concepts which cannot be mastered through observation or factual knowledge alone (commentary to Mishle 12:8). It requires the ability to think creatively -- outside of the box -- and to comprehend that beyond the ordinary experiences of man. The Tiferes Yisrael (R. Yisrael Lipschutz of 19th Century Germany) likewise relates saichel to "seeing" (as in Hebrew "histakail" is to stare or look intently), and describes it as the ability to see distant ideas -- and to grasp concepts beyond one's immediate realm.