I am sorry I jumped to that conclusion, PhiProf; and happy I asked for clarification.  I suspect that I share most of your objections to the "institutional church;" but I consciously and most deliberately choose very different language to express what are probably our shared convictions.

The fundamental error, IMHO, of the "institutional church" is it emphatic insistence that it is the Church, that the episcopal magisterium is the only legitimate expression of the faith of the Church. Along with V2 and Francis I deny that. I hold that the Church is the entire Holy People of God (including you and me), and that within that Church one can traditionally identify three magisteria, although no usually under that name: there is the the magisterium of the people, the magisterium of theologians, and the equally real magisterium of  the bishops. 

They ought to be in sync, but just now they are not, and that is the challenges of our age.

You, say I, have NOT exited the Church, my brother!