I just tapped my third batch and man, is it tasty! My first two batches were made from kits with hopped extract, and were drinkable, but not great. This batch is an american pale from Papazian's CJOHB. Light LME + Centennial, Spalt, and Wilamette hops. It's a medium bodied, copper colored pale with pleasant hop bitterness and flavor without being overbearing (I'm a hop-head, SWMBO is not). Best of all, this batch doesn't have that "homebrew funk" flavor. This is the first batch I'll be proud to share with my buddies.
Never again will I use a hopped extract. Thanks to everyone here on HBT for being a great source of info!