As stated on another thread, I think this new tee will be a great addition to the hole. I really like the idea of getting a glimpse of the pin from the tee, and then having it go out of sight, back into sight, out of sight, etc. as you walk the hole.
Plus I would imagine the undulations of the fairway will play quite differently from this angle, which will add a lot of variety to the hole. And finally, it will be interesting to hit longer irons into that massive green, which is one of the best on the course IMO.