Jason,
Yes, a course should be judged at least partly by its function, and also in how it functions, drainage, etc.
A select few have all the resources they need to maintain anything, most scrape for every penny, so certain things cannot be done with an eye towards top design standards.
On a current remodel with a maintenance budget of less than $400K (for 27 holes!) we couldn't do either scraggy bunkers (or even numerous bunkers) or bent fairways because the super just didn't have the budget, equipment or manpower to maintain those features.
And the lower construction budget meant fairways, bunkers, tees and greens had to be as small as possible. That sort of scenario is fairly typical, at least where I work. The existing land plan really prevented much re-routing to achieve something better, or even widen corridors.
Lastly, the course really does get a lot of resort play, and a high percentage of female play, so we purposely kept the putting green contours and other challenging features to a minimum.
I think you would like the course if you played it, but if you commented on narrow fairways and play corridors, or lack of bunkers, or varying green targets and contours, you wouldn't fully be considering the constraints we face. Or, what may make for practical design for the 99% of golfers who pay the bills over the 0.00001% who are golf architecture junkies.
Will it ever make Top 100 anything? Maybe (views are stupendous) but it will happily serve its customers and owner without attaining a ranking.