O'Neill, a member of the International Rugby Board's (IRB) working party on future tour schedules, said the recommendation to restrict England to just six matches in 10 years was a draft proposal which he doubted would see the light of the day.
"The draft match schedule that has been circulated was prepared in a Utopian manner, which I think attempts to equalise the number of international matches between the northern and southern hemispheres over a given period of time," O'Neill said.
"It's simply a draft and really a sort of a stab in the dark wish list. We will all go forward and massage it into its proper form."
Under the proposals England would play only two matches in Australia in 2003, two in South Africa in 2006 and two in New Zealand in 2010.
The cycle would then be repeated with a tour of Australia again in 2013.
In stark contrast to England's six matches, France would play 22 against the three southern giants.
O'Neill said the plan was doomed to fail because it did not take into account existing contractual arrangements.
Australia, for example, are already committed to playing New Zealand, South Africa and England home and away for each of the next four seasons.
The Wallabies are also obliged to play at least three other domestic tests per season, including two islands, Argentina, United States and Canada because in world ranking terms you want to make sure you're giving everyone the chance to play at the best level."
The plan, put forward by an unidentified member union, will be debated at the next IRB meeting in Dublin starting on October 25.
Reuters
