A large, relatively new winery in Western Australia’s Margaret River GI, Watershed has turned out an admirable 2004 Shiraz, boasting a cool-climate note of cracked pepper that accents its raspberry and mint aromas and flavors. It’s crisp and medium-bodied, creamy upfront, then turning firmer on the finish. Drink or hold 3–4 years.——J.C.(8/1/2009)—— 91