Sean, great topic, it's one that we discuss almost on a daily basis.
Limiting the exercise to just our area around St Andrews, people are faced with questions like: should I pay £165 to play one course, or will I pay the same amount and play four courses? This year many rates have been lowered and good golf can be had for around £50.00. You can enjoy four gems for the price of one round.
It's a bit political for me to discuss individual course prices but if I were to make two lists, 4 or 5 of my Savy courses would appear on my No Object list.
Play Panmure, pass on Carnoustie, bet the difference on Paul Casey in the Open.