Our FS is in the pit now. It is very apparent that the golden bracelet is asking for too much in the way of t1 goods, but thinking this through for how the FA affects game play, well, on live worlds the FA was getting very competitive in that huge amounts of cities were drained to put in level 1 buildings. I believe I had about 250 workshops once.
So, with the current bracelet only using t1, I can see the super competitive push would be to be to put away the t2 and the t3 manufacturers, and try to have about 20 fully levelled t1, and if you are competing, that is what you'd need to do, and it is completely unnatural game play. With t2 and t3 added to it then you wouldn't need change your manufacturers and do weird stuff to compete.
If you just add t2 and t3 and not change the amount required, it would probably balance out so that bracelets are not a weak link and then there would be less pressure for using the MM to make the Tiara. You still could, but they wouldn't feel so lean you feel you really need to polish.