As much as it strains credulity, I think I have to agree with Matt!!
I think in something as inherently subjective as golf course ranking, who is doing the ranking matters more than the criteria for the simple reason that the ranker is likely to adjust his rankings to fit the criteria (which is another way of saying what Matt said about BM, WH, Kingsley, etc.
Mackenzie relates a story of an attempt by someone to objectively analyze the best courses using a mathematical formula in
The Spirit of St Andrews. The only problem was, the result ended up completely backwards, as seen by him. I think he had more of a problem with the interpretation of the criteria than the actual criteria itself.
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Some time ago in another past life, I used to judge local band competitions, which would attempt to discern the best rock group in Pittsburgh. One thing I did differently then virtually all the other judges was to only do a preliminary ranking under the criteria, and then adjust it as the other bands played. This only seemed right, to me, as I couldn't really say how good one band is relative to another without hearing the other band, but I guess some might interpret this as rigging it to a certain outcome. But that was indeed what I was trying to do, with the outcome desired being the best band actually winning.
Of course, everyone thought I was crooked, anyway, since I was printing t shirts for half the bands in the competition, as well as being a sponsor for the event.
The moral of the story is that you're never going to remove the human element from ranking anything that is subjective, so the human element will always be the overriding factor.