Scott, you are asking excellent questions. Parsing is like the alphabet. For a kindergartner, reciting the alphabet and being able to recognize the letters is the goal, but when she's in third grade, we expect her to be able to read using that same alphabet. Similarly, the goal in parsing is to help you develop instantaneous recognition of forms without parsing, just like the real goal of learning the alphabet is to read without having to identify each letter and then painfully assemble them into a word. In other words, the more you parse, the less you should have to do it...
Ideally, we could do that by exposing students to different forms in lots of different contexts, both spoken and written. You may have noticed, however, that we don't live in an ideal universe, so that its still helpful to memorize vocabulary and paradigms. That's fine as long as it is also in the context of seeing those forms in various contexts. It's not going to hurt you at all to start looking at your Greek testament -- in fact, it's only going to help you. I would suggest also looking at extra-biblical Greek and seeing what you can do with it. Don't get discouraged if you only recognize one or two words out of ten when you start. Each time you do so, you improve and grow. It really is an incremental process.
And you now have ἀλλοὶ ἑταῖροι in addition to your two friends whom you can ask questions...
N.E. Barry Hofstetter
Instructor of Latin
Jack M. Barrack Hebrew Academy
ἐγὼ δὲ διδάσκώ τε καὶ γράφω ἵνα τὰ ἀξιώτερα μανθάνω