Well its good to hear I'm not the only one struggling on this course. My PB is only a 47 (which wasn't far from being a 44) but that said I am struggling to break 50. Par 3 in general are an opportunity for me on all courses.
I agree with the large elevation drops you need to adjust for the wind quite a bit more as the ball is just in the air so much longer (oddly enough a RG course I play with lots of elevated tee shots on dogleg holes was killing me with the amount of time the driver spent in the air, shots that were straight down the middle when the ball was level with the tee box would end up in the right or left rough by the time it dropped another 25 to 100 feet. I started hitting choked down punches and started finding fairways without loosing too much distance). I've started to try and figure out what holes lend themselves to punch shots to lessen the impact of the wind.
That said I had a round on Bandon where I put 6 shots at 6 yds or less and missed every putt as they were all wicked side hill putts. I think it is really important to know where to put the ball on Bandon more so than some of the other courses. The problem is the wind and off dinging into it doesn't always play into where you need the ball to land at least for my limited skills so need a little luck on the wind you draw...