>I think it's mainly hokum.
Ha! I completely agree. Drink snobbery, whether relating to coffee, beer, wine, or [insert beverage here], has always seemed like confirmation bias in action. Is Startbucks really undrinkable sludge to some people, or is only that way because of that sweet, sweet feeling of smug superiority that they feel when they say it?
I am one of the few that is nerdy enough to blind test myself and friends with things that have an entire culture of snobs around them -- a trait which I picked up after working in the audio industry for years (where people will believe and argue to the death about magical cable properties (give me measurements, or give me death!)).
If I could assemble enough coffee samples, I would love to put myself under test and see if one is empirically "better" to my taste buds. However, logistically it's not possible.
That said, beer and wine is readily available, transportable, and easily testable! So, my girlfriend and I set up a tasting night a few months ago. We grabbed a 6 pack of every cheap beer in the grocery store (pbr, miller lite, Natural Ice, bud, etc..), and then a whole range of wines -- everything from the $70 2011 wine of the year, to a $3 ABC brand bottle. We randomized each trial, poured the wines into glasses and then left the room so others could enter so we wouldn't influence their decisions (our attempt at setting up a double blind test). We had people log their impressions of each one, and then attempt to rate them in ascending order of "quality."
After 4 or 5 trials (it stopped being fun around the 3rd set of trails) we called it quits and looked at everyone's results. It was pretty interesting. In with cheep beer, there was only one consistent looser, and that with Miller Lite (I honestly expected it to be Natural Ice), the rest were all randomly distributed. No one could tell one from the other -- or if one was better than the other -- with any reliability. It actually made it a little frustrating while testing, as some people (including me) though they were being messed with by having several glasses all with the same beer.
The wine had similar results. No clear winner. Result were all over the place with the "best" tasting wine being different for each person each time. With my pallet, I couldn't discern one as being "better," so much as just "different." This one is a little more X, while this one is a little more Y. It was an interesting experience. So, moral of the story, I only buy cheap wine now, because I honestly can't taste the difference. That $70 bottle wasn't even distinguishable from the rest.
I've rambled, but I highly suggest self testing! It's fun, and I can now say that, empirically, Miller lite is undrinkable piss water to my taste buds :)