I stumbled on this when I needed an inexpensive, French-style sparkling wine to use for the white wine tasting at my Cordon Bleu class. I was quite overwhelmed by its quality and its $8 price.
The wine, made with French chardonnay, comes from the Armand Roux company, best known for the L’Epayrié jug wines. But there is nothing jug-like about the Carousel. It's dry, clean, and crisp with decent bubbles, and it doesn't have any of the off-flavors or sweetness that inexpensive sparkling wine sometimes shows. It's not as tight as similarly-priced Spanish sparklers; whether this is an advantage or not depends on how you feel about cavas like Cristalino.
I'm not quite sure that it's as food friendly as the Spanish wines (it doesn't have as much acid), but serve it chilled for summer porch sipping or Sunday morning brunch and you'll be more than happy.