Death can result from a blood alcohol content of 0.4%, so yeah you might want to consider its toxicity.
Ever had moonshine? The old saying "it'll make ya go blind" is based on the improper distilling by amateur moonshiners, but not because of the equipment they use. Methanol has a lower boiling point than ethanol and as such will vaporize first, but some distillers don't remove this and other harmful compounds properly. Methanol is incredibly damaging to the optic nerve, so even in small amounts it can destroy eyesight over a period of time.
It's fairly difficult to produce significant quantities of methanol from the likely mixtures most people would be fermenting to make their own vodka/whisky/etc. Typically it's found (at all) if you're fermenting fruit juices, not grains or sucrose.
I can't find any good references right now, but it seems that a lot of the widespread idea that it's easy to screw up amateur alcohol fermentation is probably a lie that was spread in support of strict regulation on such activities.
With a perfect still and no additives it should be relatively harmless, but depending on the individual set-up the simplest safety measure is to discard the first 50mL per 20L. Moonshine isn't made by people with rigorous safety and quality practices, so better safe than sorry.
Ever had moonshine? The old saying "it'll make ya go blind" is based on the improper distilling by amateur moonshiners, but not because of the equipment they use. Methanol has a lower boiling point than ethanol and as such will vaporize first, but some distillers don't remove this and other harmful compounds properly. Methanol is incredibly damaging to the optic nerve, so even in small amounts it can destroy eyesight over a period of time.
If you really want to be freaked out, read this: http://en.wikipedia.org/wiki/Alcohol_consumption_and_health