I don't believe so. From someone looking outside it, it definitely does. However, I believe each person has their personal relationship or experience with or in the unknown and whether they chant, do the rosary, or dance, when you're fully involved its spirituality in itself. For example, if you have a passion-say painting-one doesn't ask why do you keep painting the same thing or paint every other hour of the day. We see it as that person's passion and he's improving and making things congruent with maybe his thoughts, creativity, and just like to paint. It's the same with religion. It's really an individual person's decision whether ritual works for them or not. Regardless, though, I don't see either as right or wrong.
I mean, take someone who reads the bible everyday, have conventions about the bible, spend two hours studying the bible, and quote nothing but the bible. It's ritualistic and does have spiritual value to the people involved just as much so as someone without those means and show spirituality by their actions without needing to speak a word of scripture.
I think they each have their place.