Brian_S,
I've played Little River a few times. I'd put it in the second-tier of courses down there. Some very good holes, but they get offset by some very bad holes (as if they ran out of property) and a few holes that have to content with large environmental areas. LR was up for sale recently, but not sure of it's status.
Rob_W,
The consensus is that #4 is better than #8 (it will dual-host the US-Am w/ #2 in '07 or '08), but I've always felt like they were trying too hard to immitate a Ross course but fell short. And for the large greens-fees ($200+), I've always felt like there were much pretty values in the area. I never saw the original #4, so I can't speak to how good or bad Fazio treated the land. It's definitely a polarizing course for folks that saw the original.