boy_genius_ck summed this one up pretty well, this tastes like ninety percent young grain whisky, the rest probably being undermatured peated Bunna and/or Ardmore, to at least give it an idea of the peatiness that it once (perhaps?!) was famous for.
The first thing that hits me on the nose is the grain, very clean and cereally, then a little malt alongside cardboardiness and mustiness, with just a hint of lemon for a brief moment. The before mentioned peatiness is really faint and hidden somewhere between the cardboardiness and mustiness. A big let down so far.
The nose translates well into the taste, but with less cardboardiness, more malt, the grain whisky pushes the lemon a little to the fore, the peat is better detectable now, but the whole remains really thin and watery, thus the finish is barely noticable, probably the shortest finish I ever had in any peated whisky.
Mind you, we are talking about the discontinued version of '"Black Bottle", the contemporary one has a completely different bottle shape and a new label, and is (from what I heard) a completely different animal altogether. I know that there are versions prior to this one, that used the same bottle shape but had another label different from this one, these versions maybe better, but I doubt I will ever find out.
I cannot recommend this to anyone, ever. And if I really think about it, the last time I had a contemporary Red Label it was definitely better than this stuff. This isn't offensive or harsh, but totally forgettable.