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Drunk Meg's pint - a crafty mixture of the Black Stuff and water, for instance (8)

Ross

I believe the answer is:

pigments

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'a crafty mixture of the black stuff and water for instance' is the definition.
I can't tell whether this defines the answer.

'drunk meg's pint' is the wordplay.
'drunk' indicates anagramming the letters.
'megs'+'pint'='megspint'
'megspint' with letters rearranged gives 'PIGMENTS'.

Can you help me to learn more?

(Other definitions for pigments that I've seen before include "Colouring substances" , "Colours" , "They give colour to oil, water etc." .)

I've seen this clue in the Irish Times and the Irish Times (Crosaire).
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