Just in case you didn't "know it", the correct pronunciation is "Moet".
Oui, c'est important - because if we're going to drink the French drop in copious amounts, we need to know how to say it.
There seem to be two groups - those who say "Moet" rhyming with "showy", and the others who say "Moet" like "poet".
So, it's the latter.
As Moet & Chandon's Chef de Cave, (that's chief winemaker) was in Sydney to launch his newest masterpiece, Grand Vintage Rose 2006, he was more than happy to clear-up pronunciation issue.