It is a collector's item. Its for bragging rights and that only. There are very few items like the blood vodka. That is why is costs so much. I does not enhance anything related to toribash or the forums. If anyone else posts something different than what has been previously stated in this post, they are lying.
Have a nice day, and use the search button. I am sure a thread about this has been made before. Maybe in wibbles or something.