This is a fair assessment. From what I hear though, you're having a problem with the ratchet, not the strap itself. I will be the first to admit every other binding I've used has an easier toe buckle than the Union toe buckle, but I feel like, from my personal experience, that, if my toe remains strapped into the boot, having to use a little (emphasis on little) extra mustard to get the toe buckle off at the end of a run, is a small price to pay if everything else with my binding experience is amazing. Also they break in around day 6.
If you want an easy buckle on your toe and that's the most important thing to your binding experience, burton has a great one.
I'm am definitely more into the Burton bindings. And yes, I had ratchet issues. Thats why I only would comment on the ratchet itself and not the toe strap placement or lack thereof