Wait, it’s even worse: “There are places in Napa and Sonoma where $1 million won’t buy an acre of vines.” We have seen such headlines over the past year, in keeping with the national, overly dramatic, sensationalist media frenzy. About a year and a half ago, I penned an article on vineyard markets for the October 2015 issue of this magazine called “The Great Grape Shortage of 2012.” At that time, Cyril Penn introduced that issue with a prescient comment on th...