There's some points in the preceding posts with which I can't really agree. Excluding Mark & David's words, which I feel sum things up pretty accurately.
As one who once spent two hours camped at the top of that fairway, watching lots of balls off the tee, I've got some sort of experience on this hole few might possess. It also signifies I've got some problems, but we'll deal with those another time.
There's a central portion of "functional" (call it receptive) fairway which is a minority of total fairway cut width. To assert the fairway is easy to hold, particularly in light of a width measurement in excess of 50 yards is a position which reflects limited understanding of the hole. I've used Ross' crowned greens at Seminole as an example of the need for accuracy when discussing this fairway - the receptive area is a fraction of the mown area.
When I observed many groups coming through, some balls rolled dozens of metres sideways. Guys spent many minutes looking forward and back, only to have landed just right of the receptive fairway segment, and have their balls roll 40m right. They finished very lateral to where they though the ball would wind up. Some found them and some didn't. Some guys landed just left of the repetive central fairway segment, and lost their ball left, or rolled off the fairway cut, into a rough depression from which getting to the green in 3 was a feat.
There's areas to the left of that fairway that result in lost balls - there is no question. That is more the case now than ever with flora growth around the course, and limited attention to such.
The correct line from the tee is difficult to determine, and to first time visitors, seems more left than is the case. I think we have reached consensus that much of the fairway cut repels balls sideways. How many quality holes fit this description? How often does a ball repelling fairway feature on a sandbelt course? Or any Australian course of quality? I just don't think that's the best way to provide thrills, enjoyment and challenge to golfers, especially when St. Andrews Beach does it so well at virtually every other step of the way.
The most unfortunate part of the hole IMO, which no-one else seems to comment on, is that into the wind, the slightly shorter than average hitter cannot clear the hill and a drive can role back 20m towards the tee.
Dave - that's what I'm getting at with previous posts. Mark's posted a photo of the landing zone for the short hitter, in response to my comments on that front. The roll back is one issue. The blind second from that point is another.
MM