Methanol is highly toxic, with even small amounts capable of causing blindness or death. There is no antidote for methanol poisoning; treatment involves administering ethanol to dilute methanol in the body. While there are chemical indicators available to test for methanol in alcohol, their reliability is questionable due to the similarities between methanol and ethanol. Sodium dichromate and permanganate are commonly mentioned oxidants for testing, but they are also toxic. Distillation can separate methanol but requires permits and poses safety risks. The discussion emphasizes that if there is any doubt about the presence of methanol in home-distilled liquor, it is safest to avoid consumption altogether.