I wouldn't name it "Dismal River" which has to be the worst name for a new course I ever heard.
I do like catchy names, so I think "Old McDonald" is a great name. The reason I like that so much, even though I know I am in the minority here on GCA, is that 99.9% of the golfers do not know who McDonald was and could care less.
When they get done playing Old McDonald every single one will have been exposed and I'm sure with all the literature that will be written, handouts, scorecards, caddies, golfers will know what a Redan, Eden, Biarritz, etc is. That is sooooo good for golf.
We are doing a renovation here at my home club and when I suggested we do something with 6 of the holes like Keiser was doing with Old McDonald, I got a stare like, "are nuts or something", but I think if those same people were exposed properly, it might have been looked at as an intelligent suggestion.