Lawsonia is a terrific golf course and I think it stands up well against any of the top public golf courses that I've either seen quite a bit of or played. What Lawsonia lacks is something the others have that puts it over the top. That something may be different for all of the top publics, but they all have it. It may be the setting. It may be an association with a famous architect (I love L&M, but they're still under most radars). It may host a PGA Tour event or major championships. But they almost all have something Lawsonia lacks.
Golfweek has it 25th. Digest has it 68th, so maybe Golfweek overhypes it, but Digest doesn't? I'll take GWs top 25 and see if I can identify what Lawsonia lacks:
1) Pebble Beach - Ocean, PGA Tour, Majors.
2) Pac Dunes - Ocean, architect
3) Pinehurst 2 - Setting, architect, majors
4) Old Mac - Setting, architect
5) Straits - Big lake, architect, majors
6) Bandon Dunes - Ocean
7) Shadow Creek - Architect and Greens fees, I suppose (no one wants to pay $1,000 and walk off saying the course sucked).
Kiawah - Ocean, architect, majors
9) Bethpage - Architect, majors
10) Bandon Trails - Setting, architect
11) Pasatiempo - Setting, architect
12) Sawgrass - PGA Tour, architect
13) Mammoth Dunes - Setting
14) Sand Valley - Setting, architect
15) Spyglass - Ocean, architect
16) Streamsong Red - Setting, architect
17) Gamble Sands - Haven't really seen it, but maybe setting?
18) Kapalua Plantation - Ocean, PGA Tour
19) Streamsong Black - Setting, maybe architect to an extent
20) Manele - Ocean
21) Arcadia Bluff - Big Lake
22) Harbour Town - PGA Tour, architect(s)
23) Streamsong Blue - Setting, architect
24) Chambers Bay - Ocean, major championship
25) Lawsonia -
?
Maybe I'm reaching on some of those? I suppose "setting" is a bit ambigous, but I don't really think of Pinehurst or the Sand Valley courses as Parkland style settings. There's something unique about them that Lawsonia lacks. And now that I look at the list, my guess is that Lawsonia probably has the lowest maintenance budget of any of those, though I'm not a turf expert, so maybe it's cheaper to maintain the Bandon and Sand Valley Courses? When I walk off Lawsonia I feel like I just played a great course that tested most aspects of my game, but unlike most of the places listed, it's not a place where you want to spend the rest of your day just enjoying the surrounds. The golf course is terrific. The facility is utilitarian.
A buddy of mine (member at 5 top 100 courses) declared that, if Lawsonia were to be in Long Island and had a $2m+ maintenance budget, it would be top 50 in the world.
Steve Salmen said almost this exact same thing the when we were up there for the Mashie ten years ago.