yes if you are from some countries in some sports. now there can be thousands better than you but if you are from africa or oceania you can be an olympian, its too easy
i dont know Coubertin's ideas. i think its much better to have the best competing. now in few events if there are thousands better than you but you are from africa or oceania you can be an olympian, if you are from europe its much more difficult.
another way to reduce costs appart from the schedule would be reducing the number of sportsmen in every competition. i think sixteen are enough. only the best in the world should be included. its become too easy to become an olympian
but they can at lest use the three days before the ceremony with all sports instead of playing only football and baseball. i think costs would not be much more