In excess yes. Other than that, in moderation it is actually quite good for you. If all else fails, I'm almost certain that alcohol has played an important role in the contituation of our species. ;-)
Alcohol, either in beer or in wine, is good for you. When we were in Germany, there was an article in Star & Stripes that said wine was good for the digestive system, among other things. It has been prescribed as a natural tranquilizer for centuries, and it also helps the thought processes to work the way they should.
I think "man" puts too much stock in modern "remedies" with all their side-effects, but don't have enough faith in the things that have allowed mankind to live for millenia. </end of rant>