Very good! I didn't have V8 juice so used homemade vegetable stock, plus some homemade beef stock that I reduced down, and therefore omitted the beef boullion. The liquid smoke gives this an especially nice flavour and I was daring and put in a decent amount of jalapeno (the hottest I have made anything to date) and while it was firey it was wonderful too. Please see my Rating System: great taste, easy to make and I will be making this again. Thanks!