Oban is the unofficial capital of the Western Highlands, and this is one of the few distilleries operating in the region. It is one of the smallest producers in the Diageo "Classic Malts" series, and is one of less than a dozen active distilleries that can trace its roots back to the 18th century.
The whisky itself is certainly tasty enough. It has a balanced nose with a bit of peat in the background; I didn't sense the briney character (like a Springbank from Cambeltown) that is often associated with Oban, but that may have been this particular bottling. The palate showed a little smoke and malt, and opened up better with a small dose of water.
Overall: B- (an enjoyable whisky and well worth sampling; for my taste, it lacked a finish and a bit of spine that would make it really stand out)