I like to pride myself on finding a great deal on something that is of great value. A few years back, I took courses from the International Sommelier Guild that allowed me to take my prudent nature and find some great value wines at a great price. The thousands of dollars achieving Sommelier status has paid itself back in the bargains I have found because of my knowledge!
The wine list at Flying Fish is made up of a lot of new world wines (Chile, USA, Australia, South Africa, Argentina) that are not the run-of-the-mill household names that one would usually find on a wine list. The price point is intentionally kept on the low side (wines start from $30 and go to $110) because a lot of the varieties and names on the list are unknown and trying something new at a lower price point is always more enticing than trying something new that is expensive.
One of my favorite no-fail "bargains" is a classification in Italy called Indicazione Geografica Tipica or IGT. IGT denotes a wine that is a typical indication of a certain geographical area.
Prior to 1992, there were three classifications for Italian wine: table wine, Denominazione di Origine Controllata (DOC), Denominazione di Origine Controllata e Garantita (DOCG). The DOC and DOCG are very specific to appellations.
Chianti, for instance, is a DOCG and has very specific rules winemakers must adhere to in order to label a wine as a DOCG. Some of the rules include grape variety, irrigation, ripeness of the grapes at picking, ageing and labeling. There are 32 DOCG and over 300 DOC regions in Italy.   You can recognize DOC and DOCG by the pink ribbon along the capsule of the bottle of wine.

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