Alcohol has the opposite effects that any powerlifter or bodybuilder is looking for ... it raises estrogen levels, increases fat storage potential, etc.
That said if you have a drink with a meal a couple times a week I think the negative effects will be minimal... If you go out and get smashed all the time then you should expect your gains to slowed if not stopped altogether.
Utlimately the more booze you cut out, the better ... but realistically a drink or two every now and then should have minimal effect.
That's my $.02.
IW
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