Seven NM restaurants have been given 4 stars from AAA (this isn''t breaking news, but I just read about it in a trade publication): Fuego, The Old House and Geronimo in Santa Fe; Joseph's Table and De La Terra in Taos; Ranchers Club of New Mexico in Albuquerque, and Rancho de San Juan in Espanola. It'll be interest to see whether the Coyote Cafe is given more stars in the future, now that Geronimo-ists are in charge. Also, today's NYTimes featured piece on four Taos restaurants (http://travel.nytimes.com/2008/02/10/...).
I've been to The Old House and Joseph's Table (in its former location), but not to any of the others. Both were several years ago, but I remember them both very positively.