Jason,
Generally, I agree with you. Golfers may not understand architecture, but they do recognize courses they like, probably due to some combo of beauty and design interest. And, a few like the unusual, as the described green would be, for certain. I do think a creative architect can come up with all the desirable attributes without it being drop dead dull, however, and it doesn't have to be muni level or US Open tough. So, the question still stands, for any given course, would the green in the OP - described as a template, which suggests an architect would use it every course - be able to provide design interest, "fair play" (as TD describes it, being able to putt anywhere on the green) and keep play moving.
As I mentioned, I have used a 90 yard long green on both par 4 holes and once on a par 5. Thinking again only about speed of play, maybe using this kind of green, which might slow down play, on the hole preceding a par 3 might be the best use. Just a thought.