It is hard to argue which course may be best between San Francisco GC, The Olympic Lake Course and the California Golf Club but one thing is for sure, the Cal Club should be in the Top 100. All three are great golf courses and the more you play all of them the more you can appreciate the little subtleties of their greatness. The biggest problem I see for the Cal Club is the fact that magazines such as GOLF and GOLF Digest have not done a proper job in getting raters to the golf course. Golfweek has gotten it's raters to the golf course and you see what they have to say about the Cal Club.
John:
In the GOLFWEEK rankings, The Cal Club was ranked 35th among U.S. classic courses [incidentally, well behind SFGC at #11 and Olympic at #23]. Once you factor in modern U.S. courses and other courses worldwide, that would make the course a marginal contender for the top 100 in the world ... which this thread was about.
The GOLFWEEK list has Cal Club [slightly] ahead of The Valley Club, Oak Hill East, Maidstone, and Yale, all of which have been on the GOLF Magazine top 100 in the world at some point. However, they also have it behind Myopia Hunt Club, Plainfield, and Peachtree, which have only been at the bottom of the same list, or not on it at all.
To say the course ought to be in the top 100 in the U.S. is one thing; you'd probably find general agreement on that. The top 100 in the world is a tougher nut to crack.