Prepare the pan with the fruit. Turn on the oven to 375 degrees and position the rack in the lower third. In a large (10-inch) nonstick skillet (it needs to have an ovenproof handle), melt the butter over medium heat. When it has turned brown (but not too dark), sprinkle on the ½ cup sugar, then spread on the fruit and top with the jalapeño and lime zest. Cook for a few minutes, until the fruit releases its juice, then remove from the heat. (If you want a rich caramely flavor, cook over medium-high heat until you notice the sweet juices start to caramelize around the edge. Off the heat, stir everything gently to evenly distribute the caramel.)
Make the batter. In a medium bowl, whisk together the flour, salt, baking powder and the ¾ cup sugar. In a separate bowl, whisk together the oil, vanilla, eggs and sour cream or yogurt. Whisk the wet mixture thoroughly into the dry mixture (the mixture is thick), then dollop it over the fruit in the skillet (a bunch of small dollops is easiest to work with) and smooth flat with a spatula, making sure it extends all the way to the edges.
Bake and serve. Slide the skillet into the lower third of the oven and bake for about 35 minutes, until the cake is golden and lightly springy in the center. Let cool for 5 minutes, then upend a plate over the skillet and, holding the two securely with pot holders or oven mitts, reverse the two. Wait for a minute for all the peach goodness to drip onto the now-top of the cake, then remove the skillet. Sprinkle evenly with the tequila or rum, if you’re using it, and you’re ready to serve.
Other fruits you can use for this cake: 3 cups of most fruit will work here, though each will give a different flavor, texture and juiciness. Pineapple is a no-brainer, but I’d cook it in the butter for a few minutes to give a head start on softening. Same goes for apple and pear. Berries (even IQF—individually quick frozen—berries) work well here, though the end result is a bit juicier. It will come as no surprise that I am partial to pitted cherries (sweet or sour), since I live in a big cherry producing region. And any other stone fruit (nectarines, apricots) as well as mango show beautifully in this cake.