I've been doing a bit of scientific pyromania....
I wanted to see how well a Trangia would run on pure methanol ('meths' being typically but not consistently 95% ethanol, 5% methanol, and some tiny amount of blue dye and horrid-tasting stuff). Having secured a litre of 99.5% methanol from a supplier on eBay at prices comparable to meths from the local hardware shop, I cleaned the burner out thoroughly, and tried it out.
Not entirely surprisingly, it burns extremely well. It lights easily (theoretically more easily than ethanol, but I didn't notice the difference), the flame is entirely blue, and it doesn't appear to leave any soot on the pans (my pans are already sooty, but nothing comes off on your fingers).
In the intersts of
SCIENCE, I also tried some electronics-grade isopropyl alcohol (propan-2-ol, commonly available as a cleaning solvent and as 'rubbing alcohol') - I'm not entirely sure what the water content is, probably significant. Again, unsurprisingly, this burned with a hot yellow flame, and left significant soot. Usable, but I wouldn't recommend it.
I then mucked about with mixing the two, finding that a roughly 80:20 methanol:isopropyl mixture gave the best quality flame - no apparent soot, but yellow enough that you can see that it's actually lit outdoors in daylight.
I didn't measure boiling times properly, starting with a cool burner and a precise quantity of water and so on, but pure methanol didn't seem that far off meths for boiling a cupful of water.
In conclusion, it's not an entirely daft idea to run an alcohol stove on industrial methanol. As it's commonly used to make biodiesel the cost isn't unreasonable when bought in quantity, and it has the excellent feature of Not Tasting Of Meths. The lower energy density would be a disadvantage on longer trips, but on longer trips you're burning whatever you can obtain locally, anyway. And if you're really fussed about boiling times, you're probably not using an alcohol stove in the first place.
I'm not sure if I'll continue using it, but being able to avoid your fingers tasting of bitrex is a win for campsite cooking, and unlike surgical spirit as famously used by Phil of this parish, it doesn't give you flashbacks to playground injuries or leave manky oil of wintergreen residue in the burner.