By Lenn Thompson, Founder and Editor-in-Chief “When you can balance value and quality, you really can exceed expectations.” That's what Jim Silver, general manager at Peconic Bay Winery told me when I asked him to explain the thinking behind the wineries new "Nautique" line of everyday wines, which replace the old "Local Flavor" line. With sleek new packaging and retail prices around $12 ($16 at the winery) I think winemaker Greg Gove's new creations over-deliver. (Read my review of this wine's red sibling from a couple weeks ago.) The Nautique 2008 Esprit de Blanc ($16), a steel-fermented blend of 88%…