Australia coach Tim Sheens has hailed the Four Nations concept as a success despite the minnows having yet to record a win.
Since the Tri-Nations was expanded, France, Papua New Guinea and Wales have had opportunities to take on the big three of England, Australia and New Zealand.
And Wales threatened to spring a major upset against the Kangaroos on Sunday when early tries by wingers Rhys Williams and Elliot Kear gave them an 8-0 lead.
Wales were still in front until Cooper Cronk scored the first of his three tries three minutes before half-time - with Australia going on to win 56-14.
The brave Welsh effort rekindled memories of the 2000 World Cup semi-final in which they led 20-8 against the Kangaroos before eventually succumbing 46-22.
Lee Briers, who was at the heart of Wales' near-miss in Huddersfield 11 years ago, was again instrumental at the Racecourse Ground on his final appearance for his country, demonstrating his full array of tricks to set up both early tries.
As in 2000, Wales were unable to sustain their challenge but they continued to play with lots of spirit and were further rewarded in the second half with a try from Jordan James.
Although Wales exit the tournament having lost all three games - the same as France and PNG before them - Sheens has been impressed with the tournament.
"Although all three didn't win a game, the idea is very good," said Sheens, whose side will face England in Saturday's final at Elland Road.
"I know it's tough for them against the three dominant nations but to get that exposure on the international stage is great for them.
"Wales beat France, which was a surprise, but obviously there is some potential there and I hope people stand by them."
After Saturday's final, the Four Nations will be put on hold until 2014 to pave the way for the World Cup and, although the 2012 international programme has yet to be determined, Wales coach Iestyn Harris is keen to build on the momentum generated over the last six weeks.
"We'd like to tour," he said. "I'm not sure what is going to happen but it's drastically important for our development with the World Cup around the corner.
"We've got a lot of young kids coming through who need to play at the elite level."