Let me describe it: it tastes like a Coors Light diluted with soda water @ about a 1:4 beer:water ratio.
In other words, it's not the worse thing I've ever tasted, but it's pretty bad, especially if you're one of those "if you can see through the beer, it's not a real beer" types.
Which is why I'll never drink it. I know I'll come across as a snob to some, but I just can't drink the mass-produced American beer like Budweiser, Coors, Miller or Michelob. It's swill to me. To me, beer should be filling. I consider it more of a food then a drink.
Accurate description.