Ben,
Fair enough. What if Pasatiempo could say, our cost structure is such that we could charge $40 a pop and be profitable, because of our maintenance procedures, etc.? You can implement this model as well, which should help you, and you now have a model to follow, which might help you avoid some pitfalls that we encountered. We've decided to price our golf at $200 a pop because that's our profit maximizing point (because we're in a unique position because of our quality, history, location), but we are unique in that regard. Does a course like this need to charge much less (and therefore make much less money) in order to have a voice, here?
On the other hand, I've played a municipal for about 15 years now that is very affordable. But, it loses money every year and wouldn't be there, but for the fact that it's subsidized by its public owner. It's always been (and will be) affordable, and it's not going anywhere, but is that a model worthy of study?