I think this is wishful thinking. Nicklaus doesn't have less business in signature courses today because the "public has been educated", it is because in 2007 golf course construction was in the midst of a bubble fueled by the real estate bubble. If the real estate market went crazy again so would the market for golf courses. And Nicklaus would be fielding a lot more calls than would Doak or Coore.
Randy:
Sad to say but I agree with Doug.
The key is that he said "if the real estate market went crazy again". The bulk of Jack's work, like most signature designers, was not about golf. It was about pre-selling real estate [and/or, sometimes, memberships]. Coore & Crenshaw might be able to take over some of that business, if they wanted to, because Ben's name goes pretty far, too; but Bill Coore alone, or I, never would.
But the other part of it is, we don't aspire to take over that business. Building twenty courses a year will never be part of my business plan, and I'm pretty sure the same is true of Bill and Ben.
Building courses that aren't about golf will never be in the cards for me, either. I don't want to go there, even if I could -- and I doubt I could. Meanwhile, for Jack and Arnold and Greg Norman and others, that's their core business. If you want to beat them at it by getting developers to understand the golf construction business ... good luck with that amigo!