I never said I won't taste it, but I won't invest in it. I'll be more than glad to take you up on your offer

Yossie,
Indeed, I was referring to the '05, which was highly touted in its day. The odd thing is that at the time no one openly belittled it, but now everyone says "oh the '05 wasn't all that good, but the '08 is spectacular". I'm convinced that those same people in two years from now will be peddling the '10 and denigrating the '08.
Stacey,
Without putting any winemakers on the spot, let me say that I've spoken to the staff of many wineries including those that produce Pinot and they have admitted to me that it is done as a challenge and not because they think that the Israeli climate is capable of producing excellent Pinot.
Best,
-> Pinchas