To develop good taste you must try a lot of things. However it's a lot more important to actually try the thing yourself.
An artist who makes art every day will run circles around one who consumes a lot of art.
I read a lot, and it means that I ingest a lot of interesting ideas. I'm not sure if it made me a better writer. Writing every morning probably helps more.
Versions of "get better at [thing]" that don't involve practice are largely misled. There are rare times where you can read and gain a new skill, but largely you will have all the available skills, and you need to level them up.
Most people never truly practice. They do things that resemble practice, but doesn't have the same effect.
My example is from pool: many players have played pool league for 20+ years without improving their rank. They "practice" every week by playing with their friends. Nothing about pool is, in my opinion, hereditary / "natural talent"...athleticism doesn't matter at all.
I became a better player than those others in a couple of months by focused, deliberate practice on the things I was worst at. Later, I practiced one skill (a draw shot) for countless hours--I was bartending in a mostly-empty bar. I became the best in town at the skill in a couple of weeks.
In all my time practicing, I never saw another person practice. People want to try all the other shortcuts and tips to avoid "hard work." It sure pays off, though.