I have to weigh in on Lulu...
What a charming, intelligently designed course! I think there are a lot of really good and optimistic signs in the things I am seeing out there.
First of all, I find it heartening to read that SriBunga's younger members are the ones spearheading this restoration effort. I think back to the GCA meeting at Yale a few weeks ago, where I somehow expected to be one of the younger persons at the event at age 42. Instead, I felt I should have been playing the senior tees!
Somehow, it seems that the generation of golfers in their 20s and 30s have caught onto this whole "Preservation Movement" bigtime! Guys like Paul Turner, Noel Freeman, Andy Ryan, and many others have somehow been able to learn very quickly the tenets of classic design and have become advocates within clubs and at large. That's wonderful stuff. Makes me wonder why it took me so long to catch on!
I'm also seeing this movement catch a stronger foothold. This month's issue of Philadelphia Golfer contains yet another article on a classic course being restored (Concord CC, which lots of people believe is a Ross course, but hasn't YET been proven) is the next in line, with the work being done by Ron Forse.
In the article, "Present renovations take Concord Country Club back to the past", I quote the following;
"In 1999 the membership began discussing another major renovation. The plan was to restore the original design as much as possible by widening fairways, enlarging greens, building new tees, and modifying bunker complexes....His plan left no hole untouched. Twelve of the 18 greens have been enlarged, in some cases by as much as 25%. At the same time work is being done on all 18 tees....Landing areas are being expanded, in some cases by widening the fairways, in others by simply cutting down old trees."
I believe that classic course restoration and preservation is simply a wonderful idea whose time has come.
SriBunga...being in the Philadelphia area, I would look to the various resources at your disposal at other local clubs who have undertaken successful restoration efforts. Tom Paul is an extremely knowledgable resource, who has faced many of the same issues you are dealing with, and the recent efforts at Aronomink have been widely hailed.
If someone at your club feels that Lulu is not up to the design level of the sort of courses I'm mentioning, and therefore somehow not worthy of the time and money a restoration effort entails, then let them bring that paltry argument out to the light of day. Your simple answer to that obviously short-sighted view is, "no, not right now it isn't, but it could be. That's the reason we are proposing making the work of Donald Ross shine here, instead of hidden in the shadows of the trees".
Best of luck!