it is Methyl Ethyl Ketone.
a very serious solvent.
i would not be surprised if our resident safety guy dropped in to tell of the dangers.
let it suffice to say that while i ignore a number of safety procedures,
i don't screw around w/ this stuff!
from http://www.nsc.org/library/chemical/Methyl_E.htm
Health effects:
Methyl ethyl ketone can cause human health effects through inhalation, ingestion, and contact with the skin. Since methyl ethyl ketone is a natural component of some foods, ingestion of food is also a source of exposure. Its health effects are similar to but more irritating than acetone (EW, January, 1992). Its vapor is irritating to mucous membranes and conjunctiva. Exposure can irritate the eyes, nose, and head; it can cause dizziness, fatigue, memory alteration, dermatitis, headaches, nausea, paresthesia of extremities, diminished vision, acidosis, and vomiting. Prolonged exposure can cause central nervous system depression.
see also: http://www.epa.gov/ttn/atw/hlthef/methylet.html
and as Woody point out in #7, if you can dissolve plastic dinnerware in it,
it can play havoc w/ your kits in the wrong concentration.
i would not mix this on the work bench or in my kitchen!
sorry, i'll get down now.
i just think the risks outweigh the benefits for MEK.