As I indicated last year, the new, enthusiastic, quality-oriented ownership of the Cathiard family is readily evident in the quality of this Graves estate. When new owners can produce better wines in 1992 and 1993 than the previous owners did in a great vintage such as 1990, you know it is just a matter of time until Smith-Haut-Lafitte becomes one of the more fashionable Graves. The 1992 is unquestionably a successful wine for this vintage. It exhibits elegant, spicy, mineral and black-cherry-scented notes in its smoky bouquet, medium body, fine ripeness and extraction, a velvety texture, and light tannin in the finish. Drink it over the next 7-8 years.