Having not been to Augusta in person I don't I can make a fair comparison, but the par fives at Sawgrass are as fine a set as I've ever played except for perhaps Pebble Beach. Ironically, its the 2nd hole at PB and TPC that would seem to be the weak link. Dye's Blackwolf Run River has a fine group as well but I'd put them a smidge behind the others.
At Sawgrass, I think the 11th (at least for a single digit handicap or better) provides tons of options and to me is better than the 16th which is also very good. The 9th is a three-shotter for 99.9% of golfers and the 2nd isn't bad, just not in the league of the others. I'd have to think the 13th at Augusta rises above any of them, but the 11th and 16th at Sawgrass would seem to compete with the other three at least for TV drama.