"It is not by accident or luck to create a great golf course, it takes hard work, dedication, and money to do it right."
I'd say, talent, hard work by a team, dedication of course, and the money thing is true to varying degrees and it depends on your definintion of 'money'. Are we talking "a billion here and a billion there and pretty soon we are talking about 'real' money". - Ev Dirkson. Or, obviously some money as nothing is free. Two extremes. In Fazio's league and his trademark business and design style, it takes 'real' money. His fees aren't free for a reason. He sells big time name. There are plenty of design build golf course archies that do good value for the money. Comparatively, they may be a bargain.
I'll bet C&C get a whole bunch more $$$ today than they got for their SHGC job in 1993-5.
Land is the thing. Take land out of it, and then make the comparison of how much money it costs. Fazio cost big on any land. Other guys have talent, will work hard, are dedicated, and don't cost so much. You pick'em.