Pros:
Excellent location on Winter Park's ski runs, with great views and a solid hike.
You get to ride the lift up, play a round and then take the Alpine slide back down. This is pretty fair for $15.
The course is very long with some fairly long hikes between some holes. If you are not up to hiking, the terrain may prove difficult for you.
There are a well balanced mixture of long, wide open fairways and some very tight, wooded shots, often on the same hole. Some of the holes are extremely long - over 700 feet.
The course is so large that even if you tee off between groups you will likely end up so spaced out that you can hardly notice that anyone else is there.
The amenities in the resort village should have anything you forgot to bring (water, beer, snacks, even clothes or shoes if you came unprepared for the terrain).
There are clearly marked paths to each tee, so getting lost if not a problem.
The tee markers are simple but informative enough to help you find each basket, even when it's over 500 feet away over a hill and in some trees.
Finally, this course is just epic in general. There are some massive driving opportunities and enough varied shots to really test you, but the course is well designed so that the massive distances involved never seem too daunting.
Cons:
The vegetation is totally natural, so expect lots of bushes and tall grass that can eat up discs. Make sure you are watching each other's shots or you can spend a lot of time looking for discs.
Because of the length, remote location and mountainous terrain, you will be forced to bring extra gear and supplies you may not require at other courses. This isn't the kind of course you should play just holding a few discs in your hands and wearing sandals. Bring a big disc bag with lots of storage or at least a back pack, and bring plenty of water.
The resort itself, though not the course, can be very busy and packed. When you go down the slide at the end you may get caught behind small children.
The tee boxes are not the best, but they aren't horrible either.
Other Thoughts:
This is another one of the great mountain courses in Colorado, and is undoubtedly one of the largest. It takes at least two hours to play but could easily take three of you are looking for errant discs or taking breaks. The course design uses the existing retain of the ski runs to great effect.
If you are not prepared for a moderate hike of a few miles on mountainous terrain, this is not a good course for you. Make sure to bring a couple of liters of water. Wear hiking gear like some good shoes or boots and consider sun screen as the sun is more intense at this altitude.
All in all this is now one of my favorite courses and is well worth the trip. I would play it again without reservations.