I like these types of hazards as long as they tempt the player to hit it close to them and are not simply designed to punish a wayward shot. On even a long par five, many can take them out of play completely by hitting a 3 wood off the tee but there is a cost associated with doing so.
The interest associated with such bunkers is not once you are in them. It is on the decision you make on the prior shot.
The best examples of this sort of diliemma are in the Open Championship. Tiger Woods deciding to layup short of them all day at Hoylake and successfully playing the course with 200 yard approaches is a good example. Others hitting driver could have beat him - but only if they avoided the bunkers.