The debate over wine bottle seals may not be quite over, but the evidence is mounting that modern screw-top closures (PDF document) are going to win out over traditional cork and modern synthetic cork closures:
The image above shows the state of 14 bottles of white wine sealed under various closures 125 months (just over 10
years) after bottling. This closure trial was conducted by the Australian Wine Research Institute to assess the relative
effects of cork, plastic and screw cap closures on bottle-aged wine and has unequivocally shown the superiority of
screw caps in aging wine.[. . .]
The bottled wines were systematically analyzed over a 10 year period by sensory and analytical methods and
photographed (you can see the sequential photographs below). The bottle sealed with a screw cap is positioned on the
far left. While the pictures tell a convincing story, leaving little doubt as to which seal provides the most effective
method of preserving a wine, it is the sensory evaluation results that are most revealing. The wines sealed under screw
cap were still drinkable and showing appealing secondary aged characters while retaining freshness.
In spite of the obvious colour differences, those bottles all hold the same wine, from the same vintage. The bottle at the far right has darkened quite significantly and there’s quite a lot of sediment accumulated at the bottom of the bottle. Just looking at it, you’re probably correct to say it’s dead — don’t even bother uncorking it.
H/T to Michael Pinkus for the link.