I think someone pointed out earlier that there are opening theory and opening reportoire are 2 different things. At the point of GM, I would imagine theory is key.
Under 2000, I would think less theory and more knowledge of openings would be more beneficial.
Personally, for now, I really only learn enough to know the middle game plans and overcome opponents who attempt to play 'out of the book'.
A lot of vague words like knowledge, theory and reportoire can be thrown around. I think it is important when someone makes a statement about the benefits of opening study, it is important to clarify what aspect of opening study they are talking about.
I think there is a common misconception with not knowing openings. Precise opening theory and memorization is not so important to a certain extent. However, being familiar with the resulting middlegames and plans is extremely important.
It makes me happy to hear a strong player say something like this.
When I began studying last year, I kept hearing high rated players say that studying openings is useless for someone at my level.
I made the stupid mistake of believing that for a long time. Then I started using my own opening study system which is basically as you suggest, getting to know the resulting plans and positions rather than memorizing lines.
I'm quite happy with the results. It has definately helped me improve my game.
So I would say that although you don't need an opening reprotoire it can certainly help if you want to advance your game. And, if you have gotten to the point that you know the basic principles of openings and middle-game play, then you are ready to start learning about specific openings.
I had no idea about that. I thought that the opening was very important for low rated players. I heard Peter Svidler saying that the main difference between a low and a high rated GM was the opening knowledge.