"Researchers from the California Institute of Technology and Stanford's business school have directly seen that the sensation of pleasantness that people experience when tasting wine is linked directly to its price. And that's true even when, unbeknownst to the test subjects, it's exactly the same Cabernet Sauvignon with a dramatically different price tag."
Being the cheapster that I am, I enjoy finding good wines at less than $10./bottle. Also, I have found many good wines under $10./1.5 liter. If you like whites, try Beringer Chenin Blanc, usually $6.00/.75 liter; I think Gallo's Livingston Burgandy is a very nice table red for under $10./1.5 liter.
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