What is "dominating on your feet?"
If you are on your feet, you aren't controlling them, and you aren't "dominating" them. They are where they want to be - standing up and not in your control.
The domination can come from the ability to control them, but at least minimally that control is only for a few seconds, which isn't much control at all.
And yes, he has "earned" it, imo, because he broke control. My reading of your post is that you would want differing escape points depending on how they escape, whether their own actions and talent, or simply let go. That would be a strange rule. Think of a double leg, complete control on the hips, but the person sits back, works around, breaks the grip, and rolls out. Did he "earn" that escape? Hell, its called an escape for a reason - he escaped through his own actions while the other guy tried to stop it. I would be terrified of allowing these refs even more discretion and the ability to determine whether a person escaped under their own power vs. a release. Plus it would simply lead to a lot more releases and less time on the ground, because they would risk less and gain more points by an immediate release.
But, again, my opinion is simpler. It isn't even a "reward" for the opponent, it is a negation of a point for you. You had two for control, you "lose" one for losing that control. It is just simpler to award opposing points instead of subtracting.
If two wrestlers are standing, and one double-legs, gains control, rolls and releases, let's say five seconds have elapsed, and the guy controlled him for two seconds. That doesn't exactly show the ability to control, nor greater talent or skill. If it did, like often in high school, the best guys would simply never be taken down at all.
Of course all of this is just my opinion, I just don't think the purpose of wrestling, even just offensively, is takedowns. But, what it would undoubtedly do is lead to more simplicity in rules-understanding for new/lesser fans who don't always get whats going on. I certainly admit it could lead to more popularity for the sport. Just like the offensive-protection rules have for the NFL, a league that is more popular in the last decade than ever before. I still think they've largely hurt the purpose of football, a protracted tug-of-war.