YankeeJim:
I think this might be because you can't see the actual hole from the front view and the pin is shown "through" the rise that blocks the view.
No, it is a bug. I've had it too in PC. The background image is the same whether using front or reverse view there, and in front view your avatar is shown on the green just a few yards above the hole. The player and flagstick proportions have been altered by the correct amount, they've just been matched to the wrong image. It's the only bug I've found to date on the new course though, so it's a pretty good job by WGT.
I'd be interested to now if anyone has tried many shots from rough around the bunkers. This was and still is bugged in Pebble and Erin, and will be a nightmare for WGT to fix if they ever get round to it. Hopefully this pattern has not continued.