Okay, finally popped the top on a Bud Light Wheat. I have mixed opinions. The first words that come to mind are watery and insipid. But there is a slight impression of orange and coriander in the nose, it is slightly cloudy, and there's a suggestion of those flavors underneath the wateriness. Maybe, think of it as an even lighter version of Coors' Blue Moon, which is itself a light version of Hoegaareden.
I still want to see if the bottom crud is actually yeast; I'll let you know if I can culture it in the next week or so.
It may have a role as a gateway beer, to let people who habitually consume regular Bud Light know that there's a wide world of other beer flavors out there. If that's the case, I hope its drinkers will graduate to decent beers soon.
But for now, I drank it, so you don't have to.