I agree that liquid smoke is not true smoking. BUT it is true smoke, at least the stuff made by Wrights is. For the folks here on BBQB that claim their cookers work better with some 'seasoning' - that brand of liquid smoke is merely the same thing, diluted into water. Real smoke in suspension.
So - for sauces or other indoor uses, it's a flavor enhancement - like using bottled ketchup instead of making your own, but not at all the real thing.
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