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For the latter, yes, that sums it up pretty well. I looked up Mortlach, but unfortunately our ABC stores don't carry it. Also, we apparently have different definitions of "a few bucks" if online prices are to be believed :) (the first google result sells it for like $230 a bottle).
Holy hell. The price has gone up by $100 in the last few years. I was told at the time I bought my bottle that it's one of the whiskys that goes into the Johnnie Walker blends, and the Chinese demand for Johnnie Walker was what was making the price skyrocket (to $130 at that time). Apparently, that trend hasn't abated.