Has anyone tried Wagyu beef?

Kobe comes from the prefecture of Kobe, Japan (everything else is just beef). Wagyu is supposedly derived from Kobe and brought to America (I believe wagyu is also produced in other areas of Japan). You will often find wagyu crossed with Angus or other breeds to make it both less expensive and more palatable to the "regular steak" people. Still a very good product, but not the same as Kobe.
Japanese Wagyu is very similar to Kobe just from outside of Kobe. Kind of like Champagne vs French Wine.

The controls on the American Wagyu vary a lot more which is why it is much less consistent and a lot cheaper.