Re: Private Club Memberships
I belong to a private club. Best decision I ever made. My wife and I both play twice to three times per week. I was worried about possibly getting sick of the same course, but I have been a member for 12 years now and not sick of it yet. Plus there are lots of opportunities to play other private clubs on a reciprocal basis. There are frequent member events/tournaments which are fun and help keep a competitive edge. Around here each club has a district team, on which you compete against other area clubs. The service at a private club is FAR beyond what you will get at even the best public courses. At least around where I live, the conditions at the private clubs far exceeds public courses. Greens are firm and fast. The only problem is I am now spoiled, and could not imagine having to 'pub' it again.

Make sure you at least TRY to negotiate the initiation fee. Most clubs around here will negotiate, and many are somewhat desperate. In my experience, they generally won't negotiate too much on the dues, but initiation fees are being waived at lots of clubs.
I agree with RMD - I might quit golf if I couldn't be in a private club anymore.