Can we agree that this is the worst, most used incorrectly, and pointless quote in all of golf. My friend uses this all the time to justify yardages and it annoys the heck out of me. The other day we were playing a 199 yard par 3. He hooked a 5 hybrid left. I found the ball at the base of a hill that was at the start of the green. I showed him where the ball was and of course he replies "Wow, that was a nice hybrid, 200 yards! I am even pin high." I dropped subtle hints like "Those yardages are measured to the center of the green" and "Your ball barely made the front of the green." But in his head I know he is walking away thinking 200 yard 5 hybrid. I've played with other people who will hit there second left or right and say "At least it is pin high" when in reality it is about 20-30 yards short of being pin high but from their vantage point it looks that way.
Another thing that bothers me is when people blast one in to the water or other hazard by the green and follow it up with "At least it was pin high" or "It was the right club just missed it." It doesn't matter if you are 30 yards short, long, left, or right, depending on the layout of the hole they can all be good, they can all be bad, or any combination of the four.