Ted,
The Golf Club, Teeth of the Dog, Pete Dye Golf Club, Kiawah, Whistling Straits, Harbour Town, The Honors, Crooked Stick, Long Cove, BWR, TPC, and Oak Tree National are all in the world top 100 (some maybe just slightly out of it). Probably at least 3 or 4 are Top 50. I think he is holding his own quite nicely. Not bad for a guy who never got a great sandy site to play with.
I do think it is fascinating that he never got a GREAT site to work with. Teeth of the Dog is for sure the best site he ever got with all the ocean front property. But even then, it's not a site with a tremendous amount of movement, nor does it have sandy soil. Tom Doak has probably had a half dozen better sites to play with (in terms of soil and natural contour)...and he has been doing this a lot less time than Dye.
I think Dye was unfortunate in that he designed in an era when resort courses were in vogue, and developers did not think to design courses in very remote settings which had the best properties. At the same time, since he was so good at designing in a swamp developpers probably didn't feel the need to scout sites in remote locations.