Does merlot age well?

[Innkeeper]

Starting late this year and early next the 2000 Pomerals and St Emilions will be released. They are blends primarily of merlot with cabernets sauvignon and franc added. Any that you pay more than $18 for will age five to ten years. Only a handful of California Merlots will age gracefully and they sell for upwards of $50. Duckhorn and Cafaro are examples.