This is a cool idea, very cheap to make, and I think it needs more coverage, so here it goes, my first instructable, how to make an Altoids tin camping stove!
Step 1: What you need:
A mint tin, for this one we're using a rectangular Altoids tin.
A section of fine metal mesh, windowscreen works great.
Some perlite, which is cheap, and easily found at most garden supply stores. I've heard you can substitute fiberglass insulation for the perlite, but I have not tried this and cannot confirm.
Some shears or other tools to cut the metal. Heavy-duty scissors should work fine.
A ruler to measure the tin and screen.
A permanent marker to mark your measurements.
Some sandpaper to remove the paint from the tin.
Step 2: Measuring the tin and screen
Step 3: Cutting the screen
Step 4: Filling the tin
Step 5: Fitting on the screen
Step 6: Tips for use, and how it works
Copied from Paul Dryer's site: http://www.backpacking.net/makegear/altoids-stove/index.html
"I use a little plastic spring water bottle as my fuel bottle and find 3 capfuls burns plenty long for most meals. Also for shorter trips, a 4 oz. nose spray bottle with the internal straw removed makes a good fuel bottle. You can squirt fuel (Alcohol Only !!) right into the stove....un-lit, of course! You can even fill the stove to the brim and be ok. To simmer simply cover part of the screen with a bit of aluminum foil. Boil times are about the same as a soda can stove.
Principle of operation: Alcohol 'wicks' up into the perlite for initial lighting. As the perlite/stove heats, alcohol reaches vapor pressure and accelerates through the screen to the flame. Looks like an esbit tab on steroids when burning and if used in an esbit stove, the height is perfect."
Couldn't have said it better myself. Additionally, I've found that keeping the lid attached is a great idea, because you can essentially "turn off" the stove by flipping the lid closed!
WARNING: The flame is INVISIBLE, so be careful! Be safe and enjoy!