No, you did not misread the label; this is an "imperial" malt liquor and one that was was aged in bourbon barrels. Up front you get big notes of bourbon, corn, and booze. That may not sound terribly appealing, but everything is nicely balanced and dances upon the palate. Things wrap up on some warm, boozy vanilla notes. This is a novelty beer, but one that's done exceptionally well. DKML is a malt liquor designed to get you drunk af, but also to not taste horrific. To put things into prospective; Steel Reserve 211, the go to high gravity malt liquor may be 1/5th cheaper, but it tastes like shit and has a puny abv of 8.1%, half that of DKML. This is not a beer that you will want to drink on the reg, but it's good for that every once in a while when you have some $$$ and wanna get tore down classy.