I don't mind the snow white stuff as much as the thick, orange looking sand. I'm not sure what it is, where it is found naturally, or anything else, but I'd rather hit my ball out of the white stuff. As a point of reference, Tanglewood in NC is one course that comes to mind with this stuff.
I think I'll take a nice, relatively soft, off-white or tan looking sand over either, but snow white definitely isn't at the bottom of my list.