Addressing points in Gary Sherman's post in particular and the thread in general, the club player benefits from new technology, but no where near as much as the elite players. Architecture suffers as it has incrementaly over time. We start to run out of options.
With Nike fine tuning balls for David Duval and his friend, it has reached new heights. With the fittings (Not what you get from the cart at the club, guys, don't kid yourselves),launch and velocity monitors and the like, the gap between the club guy and the elite is getting wider and wider. This is the key to the question of classic course preservation.
If we choose not to have an Open at the Merions and Wykagils and Salems of the world it is another solution to the problem.
As for the old clubs that hold up against par for the senior group and the amateur events, these guys are not as skilled as the players I am talking about. You could take top college players, put them in the senior events and the kids would show quite an advantage in ball strking, but may not win due to a number of factors, but the differences could be made more apparent.
One reason in singular events the old courses do very well is the lack of familiarity of the players with those kind of greens. Only a few courses have the length and the greens to combat the fully-armed elite player.
So, do we decide to somehow preserve the game at some level and keep the classic courses as they are, or do we just build new courses for the future solely to test the most elite several hundred players in the world with the greatest and growing greater advantage due to technology? To deny this question is to have one's head in the sand, in my unsolicited opinion.