Carl,
I stayed at the hotel next to the Old Bandon Golf Links. Looked to be a lot of fun - quirky, short, local, fun. I wouldn't go out of my way, but if you have a couple hours, it's worth it.
I agree that the food at the resort is good, it's just that we liked getting out of "the bubble" and heading into Bandon or even up to Florence. Last time we were there in '05, we played 36, 18, and 36. The day we played 18, we headed down to Gold Beach for Jerry's Jet Boats - a fantastic trip up the Rogue River. We saw seals, bear, elk, river otters, bald eagles, and had a great time.
But those fish and chips right off the boat at the "blue building" are tough to beat!