Homemade grenadine is really easy to make, it adds a little more zing than the store bought kind. When I tasted it I wasreally surprised how much it tasted like the real thing. A little less syrupy, more flavorful version of the real thing.
Use this flavored syrup any place a sweet-spicy-sour touch would be welcome. Its perfect use is making a pink variation on the venerable summer drink known as the Paloma (or even a virgin variation, sans tequila).