Octopus is good to eat. The most important thing to do is tenderize the heck out of it. Either put the thing in a burlap bag and beat the heck out of it with a meat tenderizer, or grind it up with a meat grinder. Also I heard you can brine it to soften the meat up. If you don't tenderize the creature, you will end up having Crab-like gum. In the future, you might consider letting the octopus go, I have seen some giant octopi and they are quite a sight.

[ 12-27-2001: Message edited by: KORE ]