Well, Methanol will boil off at a lower temp than ethanol. So, this means that less water will carry over. I would guess about 2% or so. As far as fuel line de-icer, it can all mix with water, lowering the freezing point. So it still works, regardless of 5% water content or 2% water content.
BTW: I believe most methanol is from industrial processes, not distilled.

