Just noticed this in the ALDI Special Buys email. Wasn't going to bother posting it here but thought I'd better due to the number of people wanting to know if they could convert a $149 ALDI freezer into a Wine Cooler in a previous OB post: http://www.ozbargain.com.au/node/76664 This may cost $20 more than the freezer but hey no need to hack or mod it to suit wine storage plus it comes with all the racks etc too.
Not sure if this is Compressor based like a normal fridge or of it uses a Peltier device like those small 12V drink coolers for cars. I don't actually know which would be better for this application but I do know that wine needs to be kept below certain temps (& above others) but more importantly I know that it doesn't react well to sudden temperature changes so the Peltier device may actually be superior as it would cool more gradually.
Either way it looks good and is cheap enough to experiment with and hey if it fails after the warranty period you could still use it as a 'cool' cabinet to store all your OzBargain Eneloops, SSDs, Screwdriver Sets, LED Torches and Toothpaste Squeezers :P
what's the power consumption?
I am afraid that the power bill could worth more than the wines stored in this little fridge.