Is there anything about the land upon which the Old Course sits that couldn't be replicated? I don't mean in exact terms...I mean the basic je ne sais quoi of humps, bumps and hollows, and the bunker locations to go along with them. In theory, you could create this sort of terrain with a few bulldozers and shovels on virtually any piece of flattish land, couldn't you? All you would need is a bit of imagination - well, quite a bit of imagination, but you certainly wouldn't need a massive construction budget. (Would you?)
Wouldn't you be VERY intrigued to play such a course? For that matter, I reckon a few people here at least would be plenty intrigued to try and design such a course if they thought it had a chance of being built on spec. I wonder why nobody has tried this before, with the possible exception of Nicklaus at Grand Cypress (and then only in a halfhearted manner)...
Cheers,
Darren