Eric: the answer to your question is yes, on many holes, partly for the reason you cited.
The problem is that most designers are good players, and in rewarding what they consider to be a good shot - THEIR OWN good shot - they punish shorter hitters.
The TOUR compounds this in their setups. If Tiger can carry the bunker but Zach Johnson can't, no problem, Tiger is being rewarded for his skill. But if there's wind and Tiger can't carry the bunker, they will often move the tee up, and reward Tiger and punish Zach again!
Jim S (a good player!) agrees with this approach, but qualifies it that the player is making a long carry to a small area. I just think rewarding the guy who can hit to a tight spot is more equitable than rewarding the guy who can bomb it over all the trouble.