I am not yet familiar with the True Count Theorem, but your statement makes sense to me when trying to reason it in my head. When starting at a positive count, there should always be a tendency to decrease to a neutral count on average. The only reason a positive count was reached was because there was a run of low cards in the short-term, which would be balanced out on average in the long-term.
That said, keeping a count that is up to date with the distribution of each card gives some predictive value of each card pulled from the shoe. If the KO count is +1 or higher, there is a higher probability that card being pulled will be a 10-value or Ace than a lower card. Therefore, sitting at first base should be in your favor because you are guaranteed that predictive value on your first card even if the count swings by the time each other player has received his first card.
BUT, is this more favorable than having the additional penetration when determining how to play your hand? My understanding is that most +EV with the KO preferred system comes from bet variation, which I presume would be maximized by sitting at first base according to my logic above. There are only 18 plays that change based on the count, and the one having the most significant influence (insurance) is completely independent of where you are sitting. Therefore, in a deck with 75% penetration, it still seems 1st base is more favorable than 3rd base at a full table. Is my logic incorrect?