I have properly stored 3 bottles of Chateau Palmer since shortly after release, and this is the first bottle that I have opened. The fill was in the low neck, there were no cork or other issues, and the cork came out in one piece.
The color is still quite deep with only little age showing around the rim. The wine is very full and still fruity with more of a dark fruit character than is usual in Margaux. I am guessing that it will hold many more years. The tannins are resolved, but it is still easy to detect considerable medium tannins. There is the right amount of acidity and the finish is long. Palmer may be a 3rd growth, but this
1970 tops all of the 1970 first growths with the likely exception of Latour, which I have, but have not opened yet. The quality is no secret on the wine market now either. Looking at the Decanter January 2010 price watch, Palmer 1970 now sells for considerably to much more than all of the 1970 first growths with the exception of Latour. Of course 1970 Petrus is much more expensive,as usual.