Yes and no. In principle, I agree with that, if there were no negative consequences. In some cases (some scope designs are worse than others), optical quality degrades when the erector moves away from center, so having the scope zeroed for use most of the time in the erector’s range where optical quality suffers, so that you can reach targets at a mile once in a while, doesn’t make much sense. It depends on the scope and the application of the rifle setup, but it’s not as straightforward as simply saying that anything above zero (or below, depending on your reference frame) is wasted.