Pros:
Hmm. This is a tough one. I would say that the biggest thing this course has going for it is potential. Unfortunately, much of that potential appears to be squandered.
I suppose that some people who have small arms might like the short holes, but I don't. If you like courses that are more technical in nature, then you might dig Veteran's, but IMO Muldraugh is a better technical course than Veteran's in every way.
Cons:
My first gripe about this course becomes apparent as soon as you finish the first hole. This course has, BY FAR, the worst flow from hole to hole of any course I've ever played. We had to have some picnic-ers show us where the 2nd tee is...some 100+ yards from the first basket. WTF is that? Several more times you'll be going on safari to look for the next tee. If you like scavenger hunts then you might enjoy this, but I think most golfers would prefer to forego the extended treks from hole to hole.
The teepads are small and worn. Most holes had no signs, and the few that did were a laminated piece of paper. There is simply no reason for this, and the message it sends is "old and forgotten course"
The most frustrating thing about this course is that it could be so much better. It sits on a great piece of land with so much potential, and yet it taps so little of that potential. Aside from the navigation issues, I saw hole after hole that could have been so much better if the basket were here instead of there. Case in point: Hole #7: 285 feet, in the middle of a field without an obstacle in sight. What is the point of a wide open hole that you can overthrow with a midrange? There was plenty of field behind it...if you're going to make it wide open then why not at least make it long??
There were GREAT pieces of land running right alongside the course that would make some fantastic holes...but alas they sat unused.
Other Thoughts:
The people giving this course 4- and 5-disc reviews are grossly misrepresenting this course. Terms like "excellent" and "best of the best" are in no way descriptive of Veteran's. I was wavering between 1.0 (poor) and 1.5 (passable), and decided that "poor" was the more accurate adjective.
New signs and teepads would move my rating up to "reasonable" or even "decent"...but to go above decent would require a course redesign. You could build a 4+ course on this piece of land.