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There is also The Caol Ila (18 year old is what I have, but they are all fairly good)
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I just had this at my friend's place, and enjoyed it quite a bit (I am relatively new to Scotch, so please take what I say with a grain of salt). Trying this inspired me to pick up a bottle of the Caol Ila (pronounced "cull-eela" I believe) 12.
Doing some research on the Internets, it appears that Caol Ila is one of the lesser known Islay distilleries (relative to Ardbeg, Laphroaig, and Lagavulin), but well regarded. I am not sure if this impacts pricing, I paid $55 for this at my local liquor store,
Cap 'N' Cork.
Nose: Very smoky, pleasantly so. Some citrus undercurrents, and peaty.
Taste: Smoky and malty, fairly smooth drinking with some bite, rich and deep overall, also peaty. No noticeable citrus taste to me.
Overall: 8/10 I enjoyed this very much. The 18 was a notch better though.
-Al