I have an alternative idea. When I was a sr. I wrestled jv behind Richard Frakes, a 3 time state champion. I only wrestled in one varsity tournament my sr. year, and was named the tournaments outstanding wrestler. It was entirely possible that the top two wrestlers in the state at 126# were on the same team that year. Looking back, I wish some effort had been made to get me into some more varsity tournaments.
If there are jv wrestlers of that ability, why not let them wrestle in varsity tournaments unattached, or let an assistant coach take them to an alternative tournament. I know that the same situation exists in Abilene this year with a jv wrestler behind Kreigbaum at 119.
I also have the opinion that the regional tournament should be open to all wrestlers, but if the school places more than one wrestler at each weight, they would have to announce in advance which wrestler would earn team points. We would have to hope that coaches only entered competitors who had a realistic chance of placing.