I just returned from Bandon yesterday morning. The Punchbowl officially opened yesterday (after we flew out Monday morning), but they were allowing resort guests to play during the soft opening, so we took the opportunity to do so. Very glad we did. As others have noted, it is a blast. Less pressure, relaxed, challenging (to say the least), and most importantly, fun. We had the clockwise rotation, and I can say nothing but good things about it.
We should have made time to play it more than once, but cramming in 36-40 a day made it a little tough. We will allow more time to play it next time.
I too thought lights would be fun; I can see the Punchbowl being the night life around that place after dinner. With that, Shorty's, and the Preserve, the resort is not missing anything (other than an ATM and a keg at the first tee of the Punchbowl). Just kidding, of course.