You get absinthe for "free", not-a-pipes still cost 4.5 turns (on average) to create, making them worse than wads if you're starting from absinthe. However, even if you have not-a-pipes, you should sell them and buy wads, according to the script.
Rockin' wagons are pretty good when you wear a tuxedo shirt.
Thanks for the clarification on the !pipes. As for the wagons though, they're good, but adv/drink are better with Mae West, even with tuxedo shirt.