A couple of things to consider.
The NRL have publicly satated that had the Storm breaches been uncovered pre season steps could have been put in place to rectify the playing roster in 2010 and therefore avert any future penalties other than the retrospective ones issued.
That being the case, we are now 7 rounds into the competition. We know what was paid to whom and when. Surely then, within the space of a couple of weeks of this being uncovered the playing roster could have been adjusted accordingly to get they Storm back under the cap in 2010.
The option of moving one or two players to other NRL clubs is difficult as this may create salary cap issues there. The option of having them play in the UK has has been touted in the media makes more sense especially if the Storm were made to honour their contracts in 2010.
The fact is, playing for nothing has dudded the fans who should not be penalised for this. There's 19 odd rounds to go for the Storm to make the finals on merit even if they start at 0.