Wait, golf is fun? Who says?
Best Course: In terms of balance, of the one's that I have played, I am going to go with Kebo Valley. It is the best for all players and would be closely followed by Taconic. Kebo has a more exciting landscape, which slides it ahead of Taconic in my book. If my New England bias is showing, so be it. It's not so much a bias as it is a dearth of courses played in the southwest, northwest, north-central, plains states, and Ozarks.
Favorite Course: Right now, it's True Blue. However, since I'm always up for a Mike Strantz, it could be any Strantz course. I'm on a mission to play as many as possible (Tobacco and Tot Hill on the list for 2009) of his designs.
Fun Course: Any links or links-style, and any course where I'm not missing four-footers for par and three-putting from twelve feet. I'd put the three Bandon Dunes courses, the two Straits courses, Arcadia Bluffs, St. Andrews Old and New, and True Blue (a stretch) in the links/links-style category. I'd also put a good par-three course (Threetops and the par three at Turning Stone) in there for fun golf.