Sean and Lloyd:
I'm going to flip over to Mike's side for now.
Rae's Creek was undoubtedly better twenty years ago, when players were tempted to go down in there and try to play out. It prolonged the agony of a bad shot, and it allowed the possibility of spectacular recovery. But, it was a water hazard, and everybody expected the ball would be in the water and they would have to take a drop.
A greenside bunker does not have the same expectation, and I really don't think it should. Stroke and distance is a brutal option; dropping in a bunker is not much better. ESPECIALLY if the reason for it is that the architect was just too lazy to work on the hazard long enough to provide a playable option.
If an architect really wants to stake his reputation on bunkers that often require penalty drops, that's his right, but you may be his only fan. If the course maintenance does it for him, that's a sad story.