I think its a wonderful question, Mark ! . It made me immediately read more about George Thomas , and it was so good!
The answer for me is that it impacts the game all around the green , and would be quite boring compared to what we play everyday . We would see more and more robotic golfers , and the value of the short game would dramatically be reduced . Nicklaus might have won thirty majors and how about Watson and heavens , Moe Norman ?
It was ironic that the playoff at Riviera allowed the two,guys who,got trapped by the Captain advance . But that's golf ! Had putting been devalued , maybe the two protagonists wouldn't have practiced their flops as much . I'm guessing Crenshaw doesn't win two Masters, and the conversation about Nicklaus vs Tiger as the greatest ever would be moot.