Namaste Dave,
thank you for the post.
not entirely, though that is a decent enough way to conceptualize it.
Buddhism is, first and foremost, practice oriented and only incidentally philosophically (read intellectual) grounded.
when we speak of Wisdom, this is an active Wisdom and the same is true of Compassion. thus, Wisdom and Compassion fused together (Vajra) are unstoppable for helping all sentient beings. this is an active, engaged process an not an exercise in philosophy.
without question, however, Buddhism is a path that does require a firm understanding of it's philosophical underpinings, however, that is only part of the path.
it is said that there are two ways in which to enter into the Dharma, method and reason. Wisdom and Compassion are method ways to enter into the Dharma. in truth, though, the Buddha said there are 84,000 doors or entries into the Dharma but they break down into two... method or reason.
we can understand the philosophical teachings and thus enter the path by reason. we can implement the teachings and thus enter the path though method.
i don't mind the questions at all

please ask away and i'll do my best to answer.
i am devoid of learning and bereft of skill with words and i what i post i do only to sustain my own understanding. if someone derives some benefit from my posting it is due to their own good karma ripening.