Jonathan -- The website photos make it look wonderful. What's the likelihood the course will make it financially? I also notice they're selling home sites. What's that going to do to the rustic, open look of the place?
I think the course will make it financially for a couple of reasons.
A. They built sensibly, no 1 mil. fee to the architect (sorry, Dan!) No waterfalls No huge palacial clubhouse
B. There is like ZERO golf worth a dang in the region. It's THE course to play at if you are within a 75 mile radius
C. They've embraced the local community, and it's local communities that keep a golf course afloat during a recession
D. And lastly, it's a great course. Great courses just find a way to survive, unless they are on an Indian Res. in the middle of nowhere.