cachaça is lovely. Rum's less famous cousin. The direct use of the sugar cane instead of molasses seems to give the stuff a brighter and less overtly sweet flavor than a lot of rums. It was once pretty hard to find, but thankfully not anymore. Although, the stuff I have found around here is rather astringent compared to some that I have had overseas.
Few drinks can top a well made Caipirinha on a hot summer day. http://www.cookbrazil.com/caipirinha.htm
Frankly, it seems to me that a lot of rums are now designed from the getgo to be used only as an ingredient in a drink rather than a drink themselves. It's a shame too, 'cause a good sippin' rum is a fine drink.