Good post Mikey and it is nice to have people putting forward objective posts. And I agree that obviously WGT will look at the financial viability of any new course(s) and that will often raise the red flag immediately.
I also agree with Barbarella, and that's why I was asking where the plan B is. For example, there are some great courses in Asia and elsewhere, including Thailand (in fact, when I lived in HK, I would fly there for a few days, play golf there as it was cheaper , but then I didn't have to pay for flights) that would love the exposure and with the economic downturn, many have struggled financially. As sadistic as this may sound, take advantage when you can.