Its still safer than prodding around a guitar amp. The myth of distilling being dangerous comes from the days of moonshining during the prohibition when uneducated rednecks where cooking the stuff up any way they could including adulterating the liquor with the very chemical that kills people. There is not enough naturally occurring methanol in a sterile and natural fermentation tank to be close to lethal even after the distillation process. And from what I have gathered, there is less Methanol in proper home brewed vodka than there is in the commercial grade, and even poorly brewed homemade has slightly less on average than the commercial grade.
If you use the right materials and keep the equipment sterile, the only real thing you have to worry about is accidentally setting the alcohol on fire as its at first 95% ethanol, the same shit they use in funny cars.