I think you'd have to be a sky blue supporter to think that Groucho.
Most balanced observers understand that the Waratahs will be the recipients of the most benefit of the current ARU top up system, through no special treatment of the ARU.
There's limited cash available, the ARU needs to contract on the basis of what the Wallabies need, not leave that up to the discretion of each franchise equally. As a result, with NSW producing a large number of players, a large number will choose to be based in NSW, despite being able to earn their top up wherever they go in Australia.
That's the reality of the situation and what it needs to deliver.
Giving a player an ARU top up, when he's not eligible for the Wallabies, to play for the Waratahs who do receive the most benefit of the top up system would be flagrant favoritism for the Waratahs. Does anybody honestly believe if any other state brought forward the prospect of a player not eligible for the Wallabies, that the ARU would cough anything up for a top up?
You can't help where the Wallabies on Contracts choose to play, but helping one Super Rugby team, who has the most Wallabies, with money for a player not to help the national cause? Is the ARU going to establish a marquee fund for each franchise? What if the Force think bringing Aaron Sandilands across in the second row might be a huge marketing coup?