I have played Nantucket, and my opinions of the course tend to parallel those of Tom MacWood. I think something very unique could have been created at that site. That doesn't mean that the present course was a lost cause, it is a good course. But I don't think Rees made the most of the qualities of the site.
This is the only Rees Jones course I have played, so I can't compare it to any of his other designs. But, I did feel some of the mounding at Nantucket was a little out of place, especially between 12 and 15 fairway, between 6 and 7 fairway and around 5 green. These areas looked too manufactured. I have heard that the club is going to have Rees back to rework the mounding between 12 and 15, maybe this will help the looks a little.
As was stated before the course doesn't offer much for strategy, just keep it in the fairway. I thought the bunker lined fairways became a little monotonous before the end of the round.
The bunkers at Nantucket could have been a lot better. Something other than the perfectly rounded and shaped bunkers would have made a big difference for this course.
In closing, I think Nantucket is a great course, but not on the site where it sits now. With the lay of the land and the native vegitation that already existed, I would have expected something more.
If you would like to see pictures, e-mail me. I don't know how to post them here.