http://www.youtube.com/watch?v=W3sGvZE3rh4
It isn't very well absorbed through the skin so it has an extremely low toxicity when used in this way, as long as you don't breathe it in or let it get on your skin while it's still wet. It's much more effective and less toxic than DEET, and the CDC recommends it to prevent tick infections. Also don't ever mix it with DEET, because the combination is neurotoxic.
The military actually pretreats all of their combat uniforms in this stuff to prevent malaria and other diseases.