[Yads]

Yes maybe the top hands run closer together in value, because unlike holdem Omaha really doesn't have the equivalent of the top 5 like holdem ie (AA, KK, QQ, JJ, AKs), but a hand like AA2K single suited will beat the crap out of random junk hands like QJ82
it will scoop 3/4 of the time, win high more than 7/10 of the time and win low almost 85% of the time. It's ev is 7:3. And you would not raise this hand? Whereas you compare a good hand like AQs vs a random junk hand like 79o, it has even less equity than the above scenario about 2:1.
Yet who wouldn't raise AQs if facing no raises?