Awesome. Makes sense considering they say the human tongue can't taste over 120 IBUs so therefore all these so-called 120+ beers aren't in fact.
The calculator took into account boil size and then "batch size." My boil amount was 3 gallons and the batch was 5. The only thing I am still curious about is, if it turns out too bitter, I'll need to catch that before I bottle right? That way I can brew a less bitter batch and blend the 2?
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If you ended up with say, 2.5 gallons from the boil, and added water of 2.5 gallons, the absolute most level of IBUs you could have is 50 (as 100 in the wort, and then half water), but it's more likely that the most you had was about 80, so you'd be lucky to have 40-45 IBUs total. That's not too much, and it's one of the reasons making an IPA with a partial boil is almost impossible without using hop extracts.
Remember that carbonation provides a carbonic acid bite, and will also counter some bitterness. I wouldn't think you'd need to lower the bitterness in this beer at all- but if it's undrinkably bitter you could try blending. I wouldn't, as keep in mind that aging the beer a bit also makes a huge difference and this beer probably is probably bittered on the low end for IPAs.