Jeff,
Very much in play? Under what circumstances? It is very evident and can usually be avoided.
"I would argue that the pond on #6 is exactly where every single person that mis-plays their drive would like to hit their second shot...would you disagree?"
Jim,
More so when the course was built than today. Today, typical drives from the back tee (260 yards) are 200 yards from the green and 150 yards to clear the pond. Even if wayward, you can hit a recovery shot from a difficult lie 100 yards to layup before the pond, hit to the left of the pond, which is not all that easy to do or have a 200 yard shot to the front of the green. If you are playing from the tips and depending upon the lie, the 200 yard shot over the pond isn't overly daunting.
For high handicappers, the alternate left fairway sets the player up on a line that skirts the pond and wouldn't come into play in any case except on the third shot, from which the pond is relatively easy to avoid.