Scott,
I don't see nearly as much strategy in #2 as you do. Its a stand on the tee and bash it as far as you can to a semi-blind and very wide fairway to hopefully find the power slot to have a short iron in. I agree the approach is more interesting because you can very much use the kickers on the right side to feed it on the green with a longer approach.
As for more interesting holes, I would say #3, 6, 7, 8, 10, 12, 13, 15, 16, and 17 all have more interest overall in terms of strategy, green size/pin placement, wow factor, interesting shots, etc, etc over #2. And as Huck says, its not taking anything away from #2, because it really is a good hole....its just that it has so much competition from other superb holes on that course.
P.S. IIRC from previous Ballyneal threads, #2 was a transition hole of sorts to get quickly down to the spectacular green site for #3/tee box for #4 and to make the rest of the routing for the front 9 work.