Pros:
+Concrete tee pads on White and Red
+Well maintained... hard to lose discs
+Nice view on #1 and #2
+#2 used to be a par 4, but now it's a challenging par 3
+Holes are clearly labeled
+Signs are in good condition and helpful
+Sometimes #15 is on a tower and that's kind of cool
+There's a water fountain at the pavilion down by the basket for 8 and 14
+Bathroom not to far from first tee up by the Schenley Oval (track)
Cons:
-Several holes are variations on the same theme such as :
8, 14, 16 are all downhill through trees
-Hole #2 is the only hole that lets you open up and throw a bomb.
-You could play this course with nothing but a putter and you would still put up a good score.
Other Thoughts:
First, I want to say that I love this course. It was my first course and it's my regular course. It's the only 18 hole course (that includes ball golf) in which I can close my eyes and visualize every single hole with immense detail. It was Schenley Park which got me hooked on this game. While the course doesn't cater to big drivers, the course lets you practice approaches and it lets you learn a lot about how your discs fly. For example, hole 4 is a short hole (only 160 ft) but off to the left is a steep hillside down to the road and OB. If you are RHBH and don't anticipate the fade on your disc, that's where you'll end up if you throw at the basket. Hole 13 with the top of the hillside pin is one of the trickiest holes as you throw through trees across a hillside on a double fall line that slopes down and to the left with the pin high and to the right but blocked by many large trees. You can get a lot of practice with approaches on this course and improve your short game. You might grab your first ace here too.
Admittedly, my personal bias probably added that last half star, but for what it is, it's a fantastic course. Challenging terrain is the only thing this course lacks, and for that, I understand why this course might be capped under 4 stars. But it IS a very good course for what it is, and thus my 3.5 rating.