Slashdot had a story on capsicum at the beginning of October, and a poster shared his method for consumption:
Excluding my closet addition to hot wings, I've been enjoying the benefits of capsicum for a few years now. I make a tincture of capsicum very similar to this one, listed in the 1918 USP Dispensary [henriettesherbal.com].
I use 15 fresh habanero peppers and 1 quart of the cheapest 90+ proof vodka I can find. Put them in a mason jar, seal TIGHTLY, and let sit for 4-6 months. Pour off the liquid and discard the peppers (or eat them, I guess, if you're insane). Store the tincture in the freezer. It should remain liquid even at 0 degrees or below due to the alcohol. That is why I use 90+ proof. Administer 1 ounce every few days. You HAVE to shoot it. The vodka should be super cold when you drink it, so the burn from the capsicum is minimized by the temperature and the quick drinking. I always feel a warm heat in my gut after a shot, as the capsicum gets absorbed.
Don't use this tincture daily or more often, as it can cause serious GI irritation in quantity. Believe me, you do NOT want to vomit the stuff. Just imagine shoving a peeled habanero into your nose/sinuses for an idea of the pleasure. Also, keep away from eyes.
This is cheaper than buying capsaicin tablets, and more fun, too! Challenge your buddies to a (single) shot of habanero sometime...Enjoy!
My tincture has been sitting in the pantry for 5 days now - I think I'll start another batch, and start using this one after another week or two. Only bought ~8 habaneros, so this batch will certainly be weak.
I'm planning on ordering some Red Savina Habanero seeds, and starting some plants for my Earthboxes next spring. A few springs back, my dad & I bought a variety pack of peppers at teh garden center. By August we had a plant covered with little red peppers. My dad was like, "well, should we give them a try?" I took a little nibble, and instantly experienced a terrible burning sensation. My dad couldn't handle it either. After a while the pain went away...
My younger brother came home a couple hours later. "Hey John, these things are really good. Here." He took one and chomped down on it. A look of pain spread across his face, through which he muttered, "assholes."
I had a friend in college of Indian decent. I was talking up my peppers (which we had dried, and had been sent to me), and he was like, "your peppers are nothing! Bring them down here Right Now or shut up!" So I did. He took one, bit into it, and tried to keep his composure. "Yeah, that's hot." Later he said that he could've handled it better if he was prepared.
Don't know what kind that last batch was, just that they were little (.5" or so) red jalepeno-shaped things.
Incidentally, I read about this Bhut Jolokia pepper last week on Wikipedia...