A clear step up from the overdone 2003 Propiedad, this vintage is sweet and easy to like. There's a blast of hickory smoke on the new-oak nose, but also black fruit and molasses. The ripe palate deals chewy fruit, medium tannins and moderate length. It's a charming but blunt wine, and all in all it's probably not one to hold for too long. Drink now through 2009.