Vine reader and ol' drinkin' buddy Nate L. passed along this little gem of an article from The Daily Beast:
The Great Cabernet Ripoff
I really can't argue too much with too much in here. I was talking to another friend of mine who regularly attends private "wine tasting competitions" of cabernets and such. The latest cab to win one of those competitions cost around $300 a bottle, which is utterly ridiculous.
As you all know, I'm pretty partial to wines I feel like I can crack everyday, but after a certain point -- do you really gain anything other than showing people that you have $300 to spend on a bottle of wine?
UPDATE: K2 writes on a similar subject (and about Kings X!) over at Under the Grape Tree.