One would hope that in the future, the larger tournaments are multiple round ones (*NOTE, not unlimited play). With the way the game is set up. single play tournaments are very much like lottery golf. The deviation factors and the unbalanced wind sets make it so you're really just hoping for a good spin of the wheel with how your shots go and how your holes play. When the wheel is kind and the shot goes somewhere near where you aimed it, you score well. When it's not kind, you don't score well. I've played 18 hole sets where the winds were favorable, the deviations were low, and scored 62 in heavy winds. I've had other patterns where the winds were going the opposite way, couldn't reach the green in 2 on some holes, and had large deviations, and scored 68. The difference in score is represented not by my difference in playing ability or not knowing how to play the holes and winds, but in the roll of the dice I was given.
Until the luck factor is lessened , single play tournaments will always largely be about what roll of the dice you get. We might as well not even bother having rankings for awhile until this whole "lottery golf" thing goes away, or until they institute multiple round tournaments. The system was set up for it in the US Open...I'm not sure why they didn't have us play multiple rounds. *scratches head*
If you don't believe what I am saying here, ask any of the other "top players" what they think. If you've been around awhile and play at a high level, you'll know exactly what I mean by "lottery golf".
*edit* A final note on handicapping:
If you think the multiple accounts/sandbagging issue is bad now, multiply the problem by a factor of 10 if there were a handicapping system in place where people were actually giving or getting strokes against/for in moneyed tournaments.