Lou:
I'd agree that Spyglass is a great golf course. And yes, at $130 less than Pebble, it is a "bargain" based purely on the dollars. But please. Anyone who's gonna pay either fee is not gonna care much about bargains. That's like telling someone who bought a Lamborghini that it's $10K less than a Ferrari (if that works - I'm not exactly up on high-priced cars).
If people are gonna pay full freight, they want a LOT of bang for their buck. My feeling is they get much more at Pebble. There have been no Opens at Spyglass, no Watson chip-ins, no Nicklaus flagstick-hits, no Bobby Jones early-eliminations, etc. There are no shots over or near the ocean. The first tee holds no ass-tightening due to tourists watching. You've seen no thousands of pictures of the golf holes.
Thus my feeling is for the full-freight payers, well... go ahead and drop the extra $130 and play the course you really want to play. The one that's gonna be a life-time experience, no matter how long the round takes.
In any case, that's obviously just one way to look at it, and has nothing to do with "architecture". But you do mention Spyglass as a "bargain", and those who pay the full fees generally aren't there for the architecture, so......
Now as for the two golf courses themselves outside of all this, as much as I do love Spyglass and defend it against its detractors, I can't see fit to call it better than Pebble their either. As a pure test of golf, it is. It is a more difficult golf course, bottom-line. And it is a very "fair" test. I'm just not prepared to say that makes it better. That's only one part of the equation, and a fairly unimportant one to me.
They are pretty easy to compare. Do it match play and at least as I've done it, PB clearly wins... and that's after being 3 down after 5... Do it 3s against 3s, 4s against 4s, 5s against 5s and PB also wins...
BUT.. reasonable minds will obviously differ. Bottom line for me is if you give me 10 rounds to split between them, well after fainting from my incredible good fortune, I split it 7 Pebble, 3 Spyglass. Maybe even 8 and 2. And I have played each quite a few times as it is. I'm pretty damn lucky on that point.
One thing in any case: methinks you need to play PB again before this assessment gets made. You didn't do so this past trip, right?
I say that because for awhile I was thinking like you, that PB wasn't "all that"... that Spyglass, Pasa, both MPCC courses might be better... then I played it again... it is all that, and more.
TH