George P asks:
"I wonder how many architects have done this, or would be willing to do it. Pete is famous, I guess, for his handful of dollar course projects. (Obviously he is more famous for his terrific work, regardless of remuneration - just didn't quite know how to phrase it.)"
Would it surprise you to hear that no other than Tom Fazio has deferred his fees years into the process?
I am sure that there are many qualified practicing designers/architects who would undertake a promising assignment with the prospects of financial renumeration well down the road.
As to the original topic, "the greatest course never built" could very well be in one of our minds. If design is a synthesis of experience, imagination, and love of the subject matter, other than a member of the ASGCA, who would argue that this is possible? There are any number of good examples of laymen doing outstanding work (the Macs, Crump, Hunter, Dye).