A friend of mine found a case of Bud Light from this era
http://www.pollsb.com/photos/o/13812-bud_light.jpg down in a basement somewhere and grabbed a couple as a joke.
Ended up forgetting about it for a while until one day we did a blind taste testing with the BMC beers, myself and a buddy snuck one of those old ones in, dont know why but we were laughing so hard I nearly pissed myself.
Served it to the guy who actually grabbed the cans in the first place!
Bottom line: it tasted pretty funky.