Smoking hole has it right. For some reason, there is a world of difference in a little peat and something peat based. If you like 'some' smoke or peat, I'd recommend trying a tiny batch of this 3 lbs of peated malt will give a nice 1 gallon test batch.
As for results, I will keep you up to date. As I mentioned, this is the 2nd batch as the first one was so nice. Solidly peaty of course, but IMO not nearly as in your face as you might expect. Again, as smokinghole hints at, if anything I rather expected the 1.070 OG first batch to be much stronger and was decidedly silky smooth. And also oddly, a little thin. It's why I toasted some of my own malt this time, and reduced the early conversion rest time about 30%.
Smokinghole - Laphroaig's quarter cask is actually got me inspired to try this out.
As for hops, one quick comment. I hopped very lightly before. 15 IBU if I recall. And this was due to a reference somewhere that hops actually accentuate smokiness, and I was being cautious. In a further attempt to up the perception of peat, I did increase the hops some in this one (a whopping 21 IBU). Still light but more.
BTW, for those that have used peated malt - any idea why I got such a yield?