As a relative noob, it seems to me that BIB bourbon is some of the best value product out there. My favorites so far include OGBIB and HH 6yr BIB. What I don't understand is why the term BIB is still used today? Is it for nostalgia? My understanding is that this originated to put the government seal of approval on whiskey in a time when you had no idea if you were drinking great stuff or motor oil. Surely those times are past us. Does the government still actually perform oversight on bonded whiskey? Thank you and may you all enjoy your bondeds as much as I do!