The current club I'm at has fine dining, lounge, fancy locker room and banquet hall, etc... but I really only use the practice facility and golf course. Only eat in the lounge a few times a year now, and would be just as happy eating elsewhere.
Currently the after 1pm wouldn't work for me, as I have a newish baby at home and the best time for me to golf is early in the morning while she's still sleeping. This metric is very YMMV though.
RE: wife, she doesn't care as long as it doesn't impact her quality of life. I recently requested a membership packet from another club down the road from my current one that will cost about $65k to join (not equity, just initiation)... that was the only time she thought it was a bit much, but since I can't justify it either, it's a non issue.
$65,000 initiation fee and NON- equity?? I have to ask, where do they get away with this?
Basically everywhere in the Northeast.