If they grant her a bye, they'll have to monitor her progress too, like they did with Nancy's case back in 1994...grant 'bye' first, then monitoring progress which include observe her running throughs her SP and LP, then final 'OK'.
If they go strict by the rule, MK's case is argubly strong than Nancy's. Nancy's competion results since 1993 US Nationals:
1993 US Nationals 1st
1993 World Championships 5th
1993 Hershey's Kisses Pro-Am 2nd
1993 Piretten 1st
1993 AT&T Pro-Arm 1st
1994 US Nationals withdraw
So percisely only 1993 World Championships 5th finish was in the listed competetions IC will be considered.
Michelle finished 4th in previous World Champion.
So give the rules, give the precedence, MK's petition has a strong case, IMO.