Jeff, Since the hole can only be played from the tips by the pros, I'm not sure on how it stacks up on the weakness scale from there.
But, in comparison to the original fifth, for the resort player (or me), yes, the hole is much more benign now.
The old green was easily one of the hardest to figure out on the WHOLE course. It had certain spots that were extremely severe and others that were counter intuitive due to the way multiple slopes interacted. (Reminds me of a Maxwell as I write this).
On the old hole, one was forced to carry the bunkers, and, just being on did not guarantee a score. On the new, flying the right bunker is sheer folly, and, any ball on, is likely guaranteed no more than bogey. (and that's being kind since there is but one ridge and it is not terribly difficult to figure out)
Within a few weeks of the new hole being opened to the public, the narrowing of the scoring spectrum was evident. As was it's ease, with at least two aces that I know of in that short period of time. You never heard about aces at the old fifth. The distance is much shorter now because the company will more than not use the farthest up teeing ground.
Now that the houses are built, I suspect it's an even worse feeling than I remember. Being cramped onto that one lot, now with two large houses and a golf hole.
As for the routing, it has been rudely interrupted resulting in a loss of all of the magical feeling as one approached six tee. It was a special feeling seeing the whole hole, the wide expanse of parts of #8, #14, and the lone tree in the distance, especially ones first time, but just as special on their hundredth.