Pros:
This is a well designed course that makes the most out of the space available.
There is a good mix of holes. Most holes are wide open, but there are a few narrow holes, three over or near water, some with elevation changes, and some that favor right and left handed players.
IBMers just installed brand new DISCatcher(R) Pro 28 baskets on all the holes. Before that you could only hit a pole with a PVC pipe over it.
Cons:
Being located next to a small lake, there is goose poop scattered about all the holes.
No cement tees; the tees are on the grass with red and blue markers. This really isn't an issue unless it's really wet. Update 2/11/19 - Gravel tee boxes were installed on all holes except 14; waiting on permits to install a ramp there.
Since this course is almost all open, there is little shade on those hot summer days.
Other Thoughts:
This course is not open to the public, you need to either work on the IBM campus, or find an IBMer to play with.