Pros:
I like the idea of this course. Honoring the local military fallen is noble, and it looks like they plan to spend some money here. The signs are nice, the Mach III baskets are deep, and the park itself is very pleasant. Very creative use of "leftover" space around the park. We came out on a Saturday morning and had the whole place to ourselves.
Cons:
The basic layout is unfortunate. The first 11 holes play around the outskirts of the baseball fields (fenced and locked) with the creek on the other side of the fairway (inaccessible and unforgiving.) This makes the fairways super narrow, and your shots have to be very precise. I lost a disc over a barbed wire fence, and climbed a couple of chainlink fences to retrieve two others. There are no tee pads as yet, and the very flat course doesn't drain well. We slogged through some interesting mud for holes 13, 14, 18.
Other Thoughts:
Multi-use park, so be aware if there are other people. Holes 1-3 are throwing at picnic pavilions along the walking path. Holes 12-18 are located across the street. The creek is in play for quite a few holes, and it's not one that you're going to find a disc in. Hole 15 plays across a creek, under a low bridge, with more creek on your left. I had to skip that one.
The signs only tell you the distance and par, would be great if there were maps as well, so you knew where you were going.
Overall, I think in a few years, if it hasn't been raining, and you happen to find yourself in Hico, it's worth the time. Definitely NOT recommended for beginners.