Pros:
I've played this course at least 40 times and it isn't really all that bad, just very neglected in terms of maintenance and updates. If you can find the longer tees, you'll definitely be challenged. Most everyone plays from the blue tees. I'm still learning how to play the game, and this course is both challenging and playable for me.
There are 4, yes 4 sets of tees for every hole (I think... but honestly I haven't found every tee for every hole yet).
Regardless of what you might think, they made the best of the land they had to work with. I respect that.
Cons:
If its your first time playing here, you'll probably get turned around. There is zero signage (unless you count the spray painted hole numbers on the walking paths). As of february 2011, the course has seen better days.
The area is not a good area, lots of interesting characters passing through to say the least. If you're playing with a group I don't think you've got anything to worry about, but if you're there alone I'd make sure you look over your shoulder every now and then.
If you're looking for an aesthetically pleasing place to play, this isn't it. I have never seen more trash in a public park. It is a dumping ground, bottles everywhere, cardboard, old furniture, clothes, crutches, garbage bags full of trash.
Other Thoughts:
Hole #1's basket location has changed, and I don't have the means to do so, but it would be nice to see the information changed on this site. I don't think the entire course layout needs to be changed, I like it actually. But this course needs signage, new tee pads, and new baskets. But honestly, I can see why these things haven't happened. The possibility of vandalism at this course due to the surrounding area seems high.
I'd really like to see a practice basket put in at this course too, when you need to warm up you're always in someone's way.