Duncan, There are many reasons why PH is not more recognized. I'm not even certain if it has enough votes to garner an "America's Best" by Golfweek. So, part of the problem is it's location. There are no interstates nearby, no Rail. To get there, you have to want to. They have also switched the nines, which IMO, has ruined the ebb and flow of the course. Their justification for switching was to ease the starter's view of the groups playing the first hole. Now, throw in the ridiculousness of a lush turf, in an arid climate, and you have a couple of reasons why I believe they have slipped. 1989 was a long time ago now, and, just as with Chamber's Bay, it got a lot of press for being a good venue based on the Muni aspect. I first visited there in 1996 and my friend said it best. It's a 4 start course that gets the 5th star because price is low. After having played it many many times now, I do feel it's the second best design in the state. Black Mesa being the first.
As for figuring what the local authorities will think, well, that's a lesson in futility when discussing Farmington's political landscape. A big part of that community, and the building of the course, involves the local junior college, San Juan College. They are the most adept at using people and the grants that governments have available. It's not uncommon for them to hire a grant writer, then as soon as the money comes in, fire them. It's a very strange place where people fear that newcomers are going to take something away from the old guard.
If they shut off the water and let the turf become use to less, the course will be a much more fun experience. So, in the end, this could be a good thing for the course.