I'm taking the coveted 75th spot. I've thought about this for a few days, and I think the only features which favor lower trajectory shots are:
1) a tree, especially a deciduous tree with a canopy wider than the base.
2) wind.
3) modify the ball to have different flight characteristics.
and maybe...
4) an uphill approach shot, where the trajectory of the ball is less steep at impact.
In all other cases mentioned, it is always more accurate to fly the ball as close to the target as possible, and stop the ball as quickly as possible after impact, either with a steep angle of impact, or by imparting backspin. Otherwise, the modern professional player would play these shots in a different manner.
If the approach shot cannot be hit high and soft, either shorter than a full wedge or a longer approach, then I can see a mound or rise short of the green, coupled with a fallaway green, better approached with a low trajectory shot.
There's really no way to defeat the aerial game. The player who hits it high and soft takes the horizontal error out of the shot.