Relatedly, the sugar-water industry can keep fighting Big Gubmint restrictions or it can get smart. And move into the wine world. Already moscato is a top-selling fermented grape, and aside from the mild buzz, what sets that apart from Karo’s finest? Wandering   through the big-case wine store near us the other day, I almost went into a diabetic coma just reading the chocolate-syrupy descriptions. And I walked out past a huge display of Jellybean wines. Which I assumed, this being the season for reincarnation, are liquid Peeps.