Phil - I wonder if the condition of Carnoustie in 99 had an influence on your view. There are some fantastic holes on that course. Hogan's Alley, imo, is one of the world's best par fives.
Adam:
Carnoustie in 1999 was -- to this day -- the most penal course set-up I've ever seen. Fairways narrowed to extremely tight corridors, severely penal hay quite close to the normal line of play, on linksland subject to high winds (and the wind if I recall that year wasn't too bad...).
Still, I found little there that was outstanding -- 17 and 18 for sure, as I mentioned, Hogan's Alley is a great par 5, #14 with the Spectacles lending uncertainty to the shot into the green. But this isn't Pebble Beach -- a course with several world-class holes and a small handful of indifferent ones. Carnoustie to me is a course with about 4 really good-to-outstanding holes (the ones mentioned), and a bunch of bland-to-indifferent ones. (For instance, I don't view 16 as a great hole -- a tough one, yes, but not great; I've seen a bunch of better long par 3s).
Carnoustie is a hard course, but not a great one.