Georis merlot (www.georiswine.com) is one of the best around, and quite a good value. They have a great tasting room in Carmel Valley -- I blogged about it here: http://quattrowine.typepad.com/the_s..._winery_c.html
Try Alapay Cellars in Paso Robles, California - 2003 Merlot. It is the only Merlot that I have ever tried that i actually liked. It has hints of Rasberries and Chocolate. You might be able to find a bottle for around $15.