Can you get drunk on pure vanilla extract?

[sethdallob]

I bought one of those Costco sized bottles of "pure vanilla extract." On its' ingredients list is the following:

"Water, Alcohol (35%), Corn Syrup and Vanilla Bean Extractives."

Now with 35% alcohol content, this seems like a cheap ($15 for about a liter of stuff) way to get very blitzed. It can't be denatured alcohol, so why isn't it sold as liquor? Further, what is alcohol doing in pure vanilla extract? I thought that it was the liquified scrapings of the vanilla bean...