Jeff,
I'll take a stab referring directly to two of the items you listed above.
1. Shared fairways can be precarious. Specifically in the case of #8 at ANGC, the shared portion seems to put those coming off of #9 in direct line with wayward attempts at reaching the green in two or even longer third shots.
2. On one of the other ANGC threads, I believe several pointed out that the mounding at #8 looks particularly artificial. If the designer's/developer's goal is a natural looking course, then this may be an issue. Personally, I have no problem with the mounding on #8 as its placement serves a golf specific strategic purpose. It is not superfluous mounding on the periphery, rather an obstacle to be avoided or in many instances used to the player's benefit.
That said, I really like the 8th hole and agree with your initial post. I'm just trying to noodle your question.