Bryon, the lake level at MacConaughy has dramatically gone down in recent years. Last year when I played Bayside I'd say the water level was 60+ ft down from when that course was first constructed. It looks as if there were places you could literally drive across the lake then. Of course there was a recent dump of 12-18 inches of snow last week in the region. But, from what I heard from locals, the snows in the mountains and that region would need long term weather changes with several extremely wet years to catch up to what it should be.
I don't know the specifics of the land and available water resources that Rick and Kevin have in the plan there. But, some areas out there do have moritoriums on high cap wells. It would be a very interesting prospect for the right developer to explore, IMHO.
Yet, little by little, the area is seeing golf course development along the same ideals that recognise the special qualities to be found in the terrain out there, and testing the market of how many people around the country are willing to travel far to those remote destinations to enjoy the rugged beauty and unique golf opportunities that can still be found out there. It is a very interesting study in a boutique golf market, so to speak.