I saw Venezualan wines the other day.
I needed a bottle of Cabernet, and was trying to decide.. the Venezualin looked interesting, but I felt safer with teh Australian.
I've had Chilean reds (very iffy, maybe a 1-in-4 change of getting a drinkable one, without research in advance) but never Venezuelan. Australian wines are very solid; you'd have to read up to find a really outstanding one under $10, but you're unlikely to get something ghastly off the shelf.