The regulation is retarded yea, but how do Ferrari think they will catch up if Mercedes can upgrade too?
They will all spend money and the pecking order will remain the same...
Plus, it's not opening development. They are still restricted by the same tokens as before, the deadline is just moved. So the upgrades they were going to implement by the end of Feb they can now introduce later in the year. So actually, if one of the manufacturers gets their 32 tokens worth ready by the season start, they will have an advantage over those teams bringing their upgrades later.
All in all it seems rather pointless.