If winning a Graded chase prior to Cheltenham is the measure of an RSA winner, then a lot of people will have gone skint opposing Might Bite last season, archie.
I don't see how you can look at the handicap in isolation either, and even if you do, he beat the placed horses so pointless, it hardly matters what they've subsequently done.
I can understand why people would want to be with something else, but if the suggestion is that he hasn't done enough to justify favouritism, then I can't agree with that.