The nose has light bourbon notes with some banana. On the palate it opens sweet with caramel notes, then develops some red wine like savory notes and some nice oak. It fades into a pleasing roasted marshmallow finish which is followed by dry oak notes. Water adds complexity, bringing out earthy, hay and grass notes as well as additional oak.
This is nice stuff. It's well balanced, has some complexity of flavor, and is fantastic for the price.