If memory serves, I recall listening to a "State of the game" podcast a few years back after the Open at Muirfield. Shackelford related a story where he was standing behind the tee listening to Mickelson and his caddy debating whether it was a 5 iron or 6 iron in order to pull up short of a bunker 270 yards out.
At the Scottish open I think last year at Royal Aberdeen, Rory drove the green on a 470 yard par four.
Extreme examples perhaps, but I can only imagine fairway speed played a reasonably large part on how those holes were designed and played.
I don't think anyone is disputing that a long bounce out/roll is fun.
We just don't want to see quantifying the speed-leading to super low height of cut and yes ROLLING fairways(it's already done) become commonplace to keep to meet the competitive demands from nearby courses of a fairway stimp meter, which would eventually wreak the same design havoc upon our fairways that it has on our greens.
If your course turns off the water and the stimp goes up great.
Many places achieve higher stimps with incredibly unsustainable inputs which are needed to keep bent grass alive at a ridiculous tight height of cut.
As Sean states on the other thread, let's maintain within a reasonable budget for healthy turf and enjoy the periods where the turf is firm and running, rather than becoming a slave to a device that dictates we take unreasonable, extreme measures to meet a mythical quantifable speed objective when conditions may not be conducive to that.