“There is still a place in the race for “Just So” types, but we need to give them a chance to qualify.”
In addition to Yeats’ observation that Just So would not be allowed to run nowadays as he was too far out of the handicap, he wouldn’t even be able to run if he was in the handicap. Based on the rating he had for his National second, he would fall foul of the minimum rating now being 130. This minimum has been gradually creeping up for some time, though it is largely irrelevant for modern Nationals.