Shake with ice, and strain into a chilled cocktail glass. Garnish with lemon peel.
The rum should be an aged amber, like Cruzan Estate Dark, Appleton Estates V/X, Brugal Anejo, Lemon Hart 80, or Pyrat XO. To make the five spice syrup, combine 1 rounded teaspoon of five spice powder with 2c of sugar and 1c of water. Heat on low until the sugar is dissolved. Squeeze through a cheesecloth into a bottle.
Kaiser Penguin: http://www.kaiserpenguin.com/tiki-crawl-vi/