I actually manually shifted my Flex down into 2nd at very low speed after W/M system was spraying Denatured Alcohol at full spray. The Denatured alcohol if tuned for it would have been fine above 3K and at full throttle. It just burns differently and is not as high an octane, and it's flash point is lower.
Had I been using a controller this never would have happened. However I have simple boost controlled on/off power switch for my pump. I was running a #10 nozzle and at least 200PSI spray. My system is much simpler and doesn't have to consider controller failure, which is a very real possibility. It is almost as effective as a system with a controller when tuned correctly, which mine was on 70 + % methanol. This all happened in late March 2012, when my Flex had around 34K. It now is over 66K and 32K on new long block. Runs great! Recently I finally went from stock tune to Torrie's 93 tune, and tried a couple runs on Livernois 4+.