On TCA-alikes, I once got in an argument with the otherwise flawless (or maybe beyond perfection) Laurence Viron about a Cte-Rtie that I felt was corked, but she insisted was just showing its inherent character. Since she and her then husband had opened their entire restaurant and assembled the entire cheese chariot for just us and our three-hour meal, I really couldn't bring myself to complain too much, so we drank the bottle anyway. If she was right -- which I don't think she was -- then there's definitely something that does a pretty good impression.
On oxidation, I agree with Joe that the two express themselves differently; open-bottle oxidation is a total numbing of the wine, while closed-bottle oxidation leaves some things relatively intact (and in that way, is more frustrating, because one can often taste suggestions of what one has missed). I don't know if that means we really need two different words, though. "This has been open too long," while admittedly lacking brevity and elegance, seems to get the point across OK, if one is averse to pretentious PhD chemistry geek words like "oxidized."