Impressions, newer bottle, no water added: Strong aromas of salted caramel, peanuts, Red Hots, and acetone on the nose, which carry through on the palate, with the Red Hot notes dominating the mid-palate and finish. The mouthfeel begins full and creamy, but quickly becomes prickly and spicy. It stops just short of becoming astringent, finishing on an oaky diet cola note. As expected, the finish is powerfully hot and long, but enjoyably so. The neck pours were a bit heavy on the peanut notes, but oxidation has brought the caramel and spice notes into better focus. It's a bit too savory for my tastes, but it's a very well-made and engaging dram. It takes water well, and becomes really approachable around a 1:6 ratio. Update: with 1/3 bottle remaining, the cherry cola flavors have really come into focus and the bourbon shows a nice balance of sweet and tart. This one really improves over time.