Yes - here is the updated 21st Century version.

Please substitute EVOO (extra virgin olive oil) for the butter in the first step of the process for cooking the peppers.

Omit the heat on the stovetop - simply put 1 tablespoon of EVOO in the pan, add the peppers and fold the peppers into the oil so there is a even layer of EVOO on all of the peppers.

This should lubricate the peppers adequately and the lack of heat should help out with burns as you go to the alternate step #2.

Take the coated peppers and shove them up your ass!

Step #3 - microwave you a bag of your favorite popcorn and eat as you typically do.

Thanks for the interest - hope the alternative will suffice for your 21st century needs