No!
I mean it's unfair.
The draw was made so long ago that it's unreflective of current standings.
World Rugby have promised that this will not happen again.
its always going to be slightly unbalanced as you have to draw a point in time, and most teams predominantly play the same teams in their "main" competition, so rankings are always subjective. England and Wales did not deserve to be in the top 4 pot on current form, and have arguably drawn the two weaker teams from pot 2 (Japan and Aus)
Its the teams in pot 3 that are the "unlucky" ones as you then get paired with2 "heavyweight" nations in a top 2 go through pool. i.e Scotland, a top 8 team on current form, but paired with SA and Ire, Argentina, to a lesser extent as they have got Eng and japan, lightest "heavyweight" pairing, and can Italy complain about being in pot 3 when they finish bottom of 6N every year - I say no - but yes they have a very tough draw in NZ and Fra. and to round up the 3rd tier seed Fiji will be relishing a crack at Wales & Aus.
What has actually worked out well is the geographical balance, which I don't believe was preordained like the football world cup, where south american and european teams are deliberately spread around groups.
So you have the big 4 southern hemisphere teams in separate groups, the 6 nations spread 2,2,1,1, across the groups and the 3 south sea island nations all in separate groups.