I agree, if Ballyneal were by the ocean, it would be one of the world's best (if it isn't already).
But, it's not just the views of the ocean that benefit a course--it's the turf, the sea air, and everything that goes along with being by the ocean. There's just something about oceanside and, particularly, links golf. This is where Pacific Dunes picks up a lot of points (and, yes, I know it's technically not a links).
I agree with this. I also agree with David Ober, who said that scenery matters a lot to him. In general, a quick survey of what are considered the world's best golf courses seems to indicate that scenery is very important to the typical golf evaluator.
During much of a typical round of golf, I am taking in the view, looking at birds and animals and trees and flowers. I highly prefer a course which has preserved the native environment in which it resides, and tend to downgrade the typical American parkland course for that reason.
Sand Hills is spectacularly beautiful, and that is undeniably a big part of its appeal. Although Ballyneal does not sit by the ocean, it possesses a highly unusual environment, quite different from Sand Hills. There are fewer great long range views. Less grass and more flowers in the dunes. Unusual and natural and amazing in its own right.
As discussed before, Pacific Dunes has the benefit of widely varying topography. There are lumpy holes like 1, 7, 9, and 16, and much flatter holes like 3, 4, 12, and 15. That's a unique characteristic which is hard to beat. Also, if Ballyneal were built next to the ocean, I suspect Mr. Doak would have routed the course a little differently to take advantage of more long range views. Many holes at Ballyneal run through tall dune ridges, and you couldn't see the ocean on many of the holes the way they are designed.